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StreetInsider.com Top Tickers, 8/27/2026
- Nasdaq leads Wall St higher as Nvidia eases AI growth concerns
- Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run
- Oil prices rise as investors weigh lack of progress in Middle East negotiations
- Could SpaceX's orbital compute avoid the political headwinds facing data centers?
- Could Meta's teen settlement be less painful than feared? Citi weighs in
- Nutanix (NTNX) Tops Q4 EPS by 11c, Beats in Revenue; Offers Q1 Revenue Guidance
- Boston Scientific discloses cybersecurity incident causing global disruption
- Crude Inventory Rose 0.1 Million Barrels Last Week - EIA
- Revolution Medicines prices RASONQUE at $39,800 per month
- Wall Street stocks end tad lower after hot inflation data ahead of Nvidia earnings
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 $27 at Cantor Fitzgerald
August 2, 2024 6:37 AM EDTCantor Fitzgerald analyst C.J. Muse lowered the price target on Intel (NASDAQ: INTC) to $27.00 (from $40.00) while maintaining a Neutral rating.
The analyst comments "Intel missed both June results and September guide across nearly every metric weaker topline for nearly every segment in the June Q (worst in DCAI) and revenues for the September Q missing by $1.5B or 10% (Client guided lower Q/Q vs. typically seasonally strong) while Gross Margins for both June/September missed consensus by 500bps/780bps. The major culprit to Gross Margins was migrating Meteor Lake to Intel 4/3... 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
