Nomura Securities Maintains a Neutral' on Intel (INTC); Execution Has Been Strong
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Price: $102.50 -1.97%
Rating Summary:
24 Buy, 39 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
24 Buy, 39 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Nomura Securities maintains a Neutral' on Intel (NASDAQ: INTC).
Nomura analyst, Romit Shah, says, "Although execution has been strong, we believe aspects of Intel’s strategy in mobile computing have not been as strong, and management needs to address them. As such, we publish an open letter to Intel’s CEO that lays out a number of targeted moves that we believe could restore growth and valuation."
For more ratings news on Intel click here and for the rating history of Intel click here.
Shares of Intel closed at $19.75 yesterday.
Nomura analyst, Romit Shah, says, "Although execution has been strong, we believe aspects of Intel’s strategy in mobile computing have not been as strong, and management needs to address them. As such, we publish an open letter to Intel’s CEO that lays out a number of targeted moves that we believe could restore growth and valuation."
For more ratings news on Intel click here and for the rating history of Intel click here.
Shares of Intel closed at $19.75 yesterday.
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