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The firm's analysts maintained an underperform rating on Intel and a one-year price target of $21 per share on the stock. As of this writing, BofA's target on Intel implies a downside of roughly 6.5%.
Intel stock got hit by bad news on multiple fronts today. ... The chip company's share price closed out the daily trading session down 3.3%. ... short November 2024 $24 calls on Intel.
The semiconductor company's share price was down 5.1% as of 12:30 p.m. ET, according to data from S&P Global Market Intelligence. Intel stock is losing ground in conjunction with sell-offs ...
Shares of the once-upon-a-time semiconductor king slipped 2% through 1:45 p.m. ET on Monday, extending an almost uninterrupted slide in share price since the company's disastrous second-quarter ...
Shares of Intel (NASDAQ: INTC) were spiraling again last month as the surprise "retirement" of former CEO Pat Gelsinger offered more evidence of the disarray the company is in as it struggles to ...
As of 3:16 p.m. ET, Intel stock was down 3.3% on the news. ... especially for foundry operators like Intel, as ASML supplies them with top-of-the-line lithography ... short November 2024 $24 calls ...
Placing between a 10x to 12x forward price-to-earnings ratio (P/E) on just the core business would equate to a $22 to $26 stock price. While its foundry business has struggled, Intel has real ...
The news was anticipated after Nvidia split its stock in June, but it nonetheless marks the end of an era for Intel, which has been part of the Dow for 25 years. As of 11:16 a.m. ET, shares of ...