All valid points about the sell-side in general. I used to work there. That being said, a downgrade is usually the last resort for an analyst, because they don'

All valid points about the sell-side in general. I used to work there. That being said, a downgrade is usually the last resort for an analyst, because they don't want to risk angering the management teams they interact with. To your point, according to Tipranks, Joe has a decent record overall and a bad one covering AMD in particular: https://www.tipranks.com/analysts/joseph-moore https://www.tipranks.com/analysts/joseph-moore If you click on the ticker you can see the timing on his Buy/Sell recommendations for AMD.