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- Wall St futures muted as investors monitor US-Iran negotiations
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- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
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Mizuho Downgrades Intel (INTC) to Neutral, 'Widening Technology Gap'
August 7, 2024 4:02 PM EDTMizuho analyst Vijay Rakesh downgraded Intel (NASDAQ: INTC) from Outperform to Neutral with a price target of $22.00 (from $36.00).
The analyst comments "We upgraded INTC in Nov'23 on strong AI ramps, and new products driving PC/DC traction. Fast-forward 9 months,... More

