Mobileye Releases Second Quarter 2024 Results, Updates Guidance and Provides Business Overview
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Intel (INTC) PT Lowered to $25 at Citi
August 2, 2024 8:13 AM EDTCiti analyst Christopher Danely lowered the price target on Intel (NASDAQ: INTC) to $25.00 (from $35.00) while maintaining a Neutral rating.
The analyst comments "Yesterday after the close, Intel reported results and guidance well-below Consensus mainly due to weakness in its PC businesses (58% of 2Q24... More
Intel (INTC) PT Lowered to $25 at Roth/MKM
August 2, 2024 6:12 AM EDTRoth/MKM analyst Suji Desilva lowered the price target on Intel (NASDAQ: INTC) to $25.00 (from $35.00) while maintaining a Neutral rating.
The analyst comments "INTC guided 3Q24 revenue and gross margin well below consensus reflecting higher than expected client product costs. While... More
Morgan Stanley Upgrades Mobileye N.V (MBLY) to Equalweight
August 2, 2024 6:08 AM EDTMorgan Stanley analyst Adam Jonas upgraded Mobileye N.V (NASDAQ: MBLY) from Underweight to Equalweight with a price target of $18.00 (from $25.00).
The analyst comments "Three Key Drivers of our Upgrade to Equal-Weight: 1. Consensus has been reset. After a series of profit warnings, consensus expectations for FY24 and FY25 should fall significantly. We believe that upon this earnings release, SuperVision expectations will now be sufficiently revised downward. We believe this... More
Intel (INTC) PT Lowered to $27 at Deutsche Bank
August 2, 2024 5:53 AM EDTDeutsche Bank analyst Ross Seymore lowered the price target on Intel (NASDAQ: INTC) to $27.00 (from $38.00) while maintaining a Hold rating.
The analyst comments "Beyond delivering in-line 2Q revenue, the companys report was disappointing on nearly every other near-term financial metric with... More
