Advanced Micro Devices (NYSE:AMD) was downgraded by UBS (NYSE:UBS) from buy to neutral with a price target of $4 due to competitive and structural challenges the company is facing.
Shares are lower by nearly 3.6 percent.
Cliffs Natural (NYSE:CLF) was downgraded by Credit Suisse (NYSE:CS) to underpeform from neutral with a price target of $30 as the fall in iron ore prices will impact the bottom line.
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