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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Intel (INTC) PT Lowered to $37 at Jefferies on Miss
July 29, 2022 8:10 AM EDTJefferies analyst Mark Lipacis lowered the price target on Intel (NASDAQ: INTC) to $37.00 (from $48.00) while maintaining a Hold rating.
The analyst commented, "INTC missed Q2/Q3 EPS by 59%/60%. Q2 GM dropped to mid-40s, its server CPU is delayed, and Data Center... More
Needham & Company 'Buying Weakness' in Intel (INTC)
July 29, 2022 7:11 AM EDTNeedham & 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
