Bad Analyst Call Of The Day: AMD (AMD) By Credit Suisse

Credit Suisse started AMD (AMD) at ‘underperform” today, with a price target of $13. Perhaps no one bothered to tell the analyst that is down 45% this year and is off almost 2% in the pre-market to $11.74, below its 52-week low.

The analyst should get a larger year-end bonus.

Douglas A. McIntyre