Intel (INTC) call put ratio 1 call to 1.4 puts into quarter results and outlook

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Needham & Company 'Buying Weakness' in Intel (INTC)

July 29, 2022 7:11 AM EDT

Needham & Company analyst N. Quinn Bolton reiterated a Buy rating and $40.00 price target on Intel (NASDAQ: INTC), telling clients to buy the weakness after dismal results and guidance.

The analyst commented, "Intel's 2Q22 results and updated full-year guidance were disappointing. However, in the... More