Susquehanna Downgrades Intel Corp (INTC) to Neutral; Evidence of a Slowing Market

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Susquehanna downgrades Intel Corp (Nasdaq: INTC) from Positive to Neutral

Susquehanna analyst says, "We are downgrading INTC to Neutral on what our checks suggest is a weakening PC environment looking into 3Q. The secular elements of our INTC thesis remain intact, but we believe estimates need to come down, and are hesitant to continue recommending the stock ahead of estimate cuts."

To see all the upgrades/downgrades on shares of INTC, visit our Analyst Ratings page.

Intel Corporation is a semiconductor chip maker, developing advanced integrated digital technology products, primarily integrated circuits, for industries, such as computing and communications.

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