Intel rises on revenue beat as CEO hunt dominates investor focus
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Intel (INTC) PT Lowered to $25 at Morgan Stanley
January 31, 2025 10:01 AM ESTMorgan Stanley analyst Joseph Moore lowered the price target on Intel (NASDAQ: INTC) to $25.00 (from $25.58) while maintaining a Equalweight rating.
The analyst comments "Remain EW. March quarter guidance below expectations implies a 4th consecutive quarter of y/y revenue declines, and while end... More
Rosenblatt Reiterates Sell Rating on Intel (INTC)
January 31, 2025 6:43 AM ESTRosenblatt analyst Hans Mosesmann reiterated a Sell rating and $20.00 price target on Intel (NASDAQ: INTC)
The analyst comments "Intel delivered a modest 4Q24 top line beat ($14.3B vs our/consensus $13.8B/$13.8B), while Non-GAAP EPS came in slightly above ($0.13 vs. our/consensus $0.12/$0.13). Revenues were driven by sequential growth across all segments. The company significantly missed on the 1Q25 guide (revs/Non-GAAP EPS of $12.2B/$0.00 vs our & consensus $13.0B/$0.17 & $12.9B/$0.10) on seasonal... More
