Intel CEO Brian Krzanich Resigns, Board Appoints Bob Swan as Interim CEO

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Go back to Intel CEO Brian Krzanich Resigns, Board Appoints Bob Swan as Interim CEO

Intel (INTC) PT Lowered to $60 at Needham & Company Following CEO Exit

June 21, 2018 12:48 PM EDT

Needham & Company lowered its price target on Intel (NASDAQ: INTC) to $60.00 (from $62.00) while maintaining a Buy rating.

Analyst N. Quinn Bolton commented, "Intel announced the resignation of CEO Brian Krzanich due to a violation of Intels non-fraternization policy and named CFO Brian Swan... More

Intel (INTC) PT Raised to $60 at Stifel; Surprise CEO Resignation, But Surprise Upside to June Quarter

June 21, 2018 9:54 AM EDT

Stifel raised its price target on Intel (NASDAQ: INTC) to $60.00 (from $57.00) while maintaining a Hold rating.

Analyst Kevin Cassidy commented, "Although we respect Mr. Krzanichs efforts in redirecting Intels strategy from a compute-centric to a data centric company, we... More