Intel delays launch of standalone desktop graphics chips to Q2

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Intel (INTC) PT Lowered to $50 at BMO Capital

February 18, 2022 6:27 AM EST

BMO Capital analyst Ambrish Srivastava lowered the price target on Intel (NASDAQ: INTC) to $50.00 (from $52.00) while maintaining a Market Perform rating.

The analyst commented, "While Intel's event had plenty of highlights, and, sigh....yes, included yet another push-out on its roadmap.... More