AMD catches a downgrade from BofA to Underperform from Neutral on the heels of its Q3 warning....

|By:, SA News Editor
AMD catches a downgrade from BofA to Underperform from Neutral on the heels of its Q3 warning. Analyst Vivek Arya slashed his PT on shares to $5, from $8, saying he preferred Buy-rated Intel (INTC). Shares -10.8% premarket.