Intel (INTC) option IV into U.S. Department of Commerce CHIPS Act funding headlines
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BofA Securities 'Incrementally positive on potential 2H recovery' for Intel (INTC)
March 21, 2024 6:17 AM EDTBofA Securities analyst Vivek Arya reiterated a Neutral rating and $50.00 price target on Intel (NASDAQ: INTC).
The analyst comments "We hosted INTC CFO David Zinsner and IR Head John Pitzer for a well-attended investor dinner in Santa Clara on Tuesday. Management highlighted: 1) Enterprise AI... More
CFRA Stays Sidelined on Intel (INTC) Even Though 'we like potential growth prospects'
March 20, 2024 2:17 PM EDTCFRA analyst Angelo Zino reiterated a Hold rating and $45.00 price target on Intel (NASDAQ: INTC).
The analyst comments "
INTC has been awarded $8.5B in grants from the CHIPs Act, in line with our expectation, which will be used to help support... More

