Intel (INTC) CFO George Davis announced plans to retire in May 2022
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October 22, 2021 8:07 AM EDT
BMO Capital analyst Ambrish Srivastava lowered the price target on Intel (NASDAQ: INTC) to $60.00 (from $70.00) while maintaining an Outperform rating.
The analyst commented, "Intel provided an earlier look at the model as the company transitions to one that includes large investments needed to... More
October 22, 2021 6:26 AM EDT
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...
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October 21, 2021 4:01 PM EDT
(Updated - October 21, 2021 4:03 PM EDT)
Intel (NASDAQ: INTC) reported Q3 EPS of $1.71, $0.60 better than the analyst estimate of $1.11. Revenue for the quarter came in at $18.1 billion versus the consensus estimate of $18.24 billion.
GUIDANCE:
Intel sees Q4 2021 EPS of $0.90, versus... More
