Form 8-K INTEL CORP For: Oct 28
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Deutsche Bank Reiterates Hold Rating on Intel (INTC)
November 1, 2024 5:38 AM EDTDeutsche Bank analyst Ross Seymore reiterated a Hold rating and $25.00 price target on Intel (NASDAQ: INTC)
The analyst comments "After a tumultuous 2Q, Intel delivered a very solid 3Q/4Q report/guide that upsided expectations on nearly every metric (revs/GM/EPS, etc.). Beyond providing... More
Intel (INTC) PT Lowered to $22 at Citi
November 1, 2024 5:36 AM EDTCiti analyst Christopher Danely lowered the price target on Intel (NASDAQ: INTC) to $22.00 (from $25.00) while maintaining a Neutral rating.
The analyst comments "Yesterday after the close, Intel reported weak results driven by restructuring and impairment costs but guided above Consensus due... More
Barclays Reiterates Equalweight Rating on Intel (INTC)
November 1, 2024 5:24 AM EDTBarclays analyst Blayne Curtis reiterated an Equalweight rating and $25.00 price target on Intel (NASDAQ: INTC).
The analyst comments "The company beat a low bar in the quarter due to modest upside in DCAI and guided for a stronger December driven by a... More
Intel (INTC) plans to reduce headcount by 16,500 employees
October 31, 2024 4:15 PM EDTIntel (NASDAQ: INTC) disclosed:
Item 2.05 Costs Associated with Exit or Disposal Activities.
On October 28, 2024, the Audit & Finance Committee (the Audit Committee) of the board of directors (the Board) of Intel, in connection with the Company's management team, approved a series of cost and capital reduction initiatives designed to adjust spending to current business trends while enabling Intel's new operating model and continuing to fund investments in Intel's core strategy - returning to process... More
