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Intel (INTC) PT Lowered to $21 at Goldman Sachs, Cautious on PC Demand and Margins

October 17, 2024 12:49 PM EDT

Goldman Sachs analyst Toshiya Hari lowered the price target on Intel (NASDAQ: INTC) to $21.00 (from $22.00) while maintaining a Sell rating.

The analyst comments "Ahead of Intel's 3Q24 earnings release scheduled for 10/31 (post close), we reduce our 2025/26 non-GAAP EPS (excl. SBC)... More