Citi Says 'March notebook shipments increased 44% MoM, well above our expectations of up 21% MoM' (AMD) (INTC)

Go back to Citi Says 'March notebook shipments increased 44% MoM, well above our expectations of up 21% MoM' (AMD) (INTC)

Midwest Boutique Comments Circulate on Intel (INTC) & AMD (AMD)

April 12, 2024 9:28 AM EDT

Midwest Boutique Comments Circulate on Intel (NASDAQ: INTC) & AMD (NASDAQ: AMD).

"INTC: Feedback Suggests Share Shifting Away From INTC in PC and Server""AMD: Revs Slightly Higher on Further CPU Share Gains; 2024 MI300 Feedback Largely unchanged"... More

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