Advanced Micro Devices (NASDAQ:AMD) was upgraded today by Jefferies (JEF) to buy from hold with a price target of $10.50 price target, as the firm believes that AMD provides one of the best risk reward ratios in the sector.
Shares are higher by about 5.6 percent.
Level 3 Communications (NYSE:LVLT) was upgraded today by Bank of America/Merrill Lynch (NYSE:BAC) to buy with a price target of $37.50, as the firm believes that Level 3 provides an attractive risk reward ratio at current price levels.
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