Form 8-K INTEL CORP For: Apr 19

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Go back to Form 8-K INTEL CORP For: Apr 19

Intel's (INTC) Job Cuts are 'Step in the Right Direction'; Cowen Trims PT to $32

April 20, 2016 7:15 AM EDT

Cowen and Company trims its price target on Market Perform-rated Intel (Nasdaq: INTC) from $33 down to $32 following Q1 results and job cuts announced Tuesday night.

Analyst Timothy Arcuri commented, Amid a PC market that INTC finally seems to admit is... More