Intel forecasts gloomy quarter on supply-chain woes, shares fall
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Intel (INTC) PT Lowered to $55 at Needham & Company
April 29, 2022 7:08 AM EDTNeedham & Company analyst Quinn Bolton lowered the price target on Intel (NASDAQ: INTC) to $55.00 (from $60.00) while maintaining a Buy rating.
The analyst commented, "Intel reported 1Q22 results that were modestly better than expectations, with a stronger GM the main standout. However, the... More
