Intel's Dow status under threat as struggling chipmaker's shares plunge

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Northland Reiterates Outperform Rating on Intel (INTC)

September 3, 2024 6:46 AM EDT

Northland analyst Gus Richard reiterated an Outperform rating and $42.00 price target on Intel (NASDAQ: INTC).

The analyst comments "INTC made a strategic error in executing a turnaround. Intel Products has not modernized its internal design methodology; its products are late and perform poorly.... More