Infosys Topaz and Intel Collaborate to Accelerate Enterprise Growth and Efficiency with Generative AI

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Intel (INTC) PT Lowered to $44 at BofA Securities

April 12, 2024 4:51 AM EDT

BofA Securities analyst Vivek Arya lowered the price target on Intel (NASDAQ: INTC) to $44.00 (from $50.00) while maintaining a Neutral rating.

The analyst comments "Post Intels re-seg (see initial takeaways here), we lower our PO to $44 (23x CY25E P/E vs. 26x... More