Intel pitches the 'AI PC' at software developer event

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Evercore ISI Passes on Intel (INTC) For Now, 'Solid Progress but Falling Short of Hype'

September 19, 2023 4:30 PM EDT

Evercore ISI analyst C.J. Muse reiterated an In Line rating and $40.00 price target on Intel (NASDAQ: INTC)

The analyst comments "Following Pat Gelsingers keynote and Intel Innovation Q&A sessions we offer our key thoughts on the event thus far. Overall nothing overly surprising in either direction (likely a disappointment given the investor hype into the event). Intel continues to control what they can with solid execution towards... More