Intel Updates Capital Allocation to Drive Long-Term Strategy, Declares Quarterly Dividend of $0.125
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Needham & Company Reiterates Buy Rating on Intel (INTC) Following Dividend Cut
February 22, 2023 1:01 PM ESTNeedham & Company analyst N. Quinn Bolton reiterated a Buy rating and $32.00 price target on Intel (NASDAQ: INTC) after it announced a major reset to its dividend policy with a ~66% reduction to $0.50 per year.
The analyst commented, "In addition to preserving FCF by... More
Intel (INTC) 'Ripping the Bandaid Off' with Dividend Cut - BMO
February 22, 2023 11:01 AM ESTBMO Capital analyst Ambrish Srivastava weighed in on Intel (NASDAQ: INTC) following today's dividend cut, which the analyst said it "had to do."
The analyst commented, "Intel had to do this. We had flagged this as one of the top... More
