NVDA & INTC Behind AMD Downgrade, WFC & LLY Upgrades
Schwab Network · Schwab Network
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Show Notes
Keybanc downgraded AMD Inc. (AMD) to Sector Weight from Overweight, but it didn't shake the stock's rally alongside the market. Diane King Hall talks about why Nvidia (NVDA) and Intel (INTC) are behind the firm's bearish sentiment. She later turns to a Wells Fargo (WFC) upgrade and the headwind Piper Sandler now sees as a tailwind. Diane also talks about Goldman Sachs' upgrade for Eli Lilly (LLY) and how the firm expects it to triple in size by 2030.
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