Intel (INTC) PT Lowered to $44 at Goldman Sachs

October 22, 2021 6:26 AM EDT
Get Alerts INTC Hot Sheet
Price: $52.04 --0%

Rating Summary:
    24 Buy, 24 Hold, 13 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 25 | Down: 19 | New: 35
Trade Now! 
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Goldman Sachs analyst Toshiya Hari lowered the price target on Intel (NASDAQ: INTC) to $44.00 (from $51.00) while maintaining a Sell rating.

  • "It is increasingly clear that Intel's intended path to process node parity/leadership will require higher levels of capex and entail an extended period of deflated margins and FCF"
  • reduce CY2021/22/23 non-GAAP EPS estimates by 9%, on average


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Related Entities

Goldman Sachs