'Unmitigated Disaster', 'Generational Miss', 'What Exactly the Bull Case is'... Analysts Destroy Intel, See More Downside
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Intel (INTC) PT Lowered to $37 at Jefferies on Miss
July 29, 2022 8:10 AM EDTJefferies analyst Mark Lipacis lowered the price target on Intel (NASDAQ: INTC) to $37.00 (from $48.00) while maintaining a Hold rating.
The analyst commented, "INTC missed Q2/Q3 EPS by 59%/60%. Q2 GM dropped to mid-40s, its server CPU is delayed, and Data Center... More
Needham & Company 'Buying Weakness' in Intel (INTC)
July 29, 2022 7:11 AM EDTNeedham & Company analyst N. Quinn Bolton reiterated a Buy rating and $40.00 price target on Intel (NASDAQ: INTC), telling clients to buy the weakness after dismal results and guidance.
The analyst commented, "Intel's 2Q22 results and updated full-year guidance were disappointing. However, in the... More
