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The company's share price closed out the daily session down 3.3%. Meanwhile, the S&P 500 index and Nasdaq Composite index ended the day up 0.5% and 0.6%, respectively.
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 (NASDAQ: INTC) stock is losing ground in Friday's trading. The semiconductor company's share price was down 4.6% as of 11:40 a.m. ET amid the backdrop of a 1.6% decline for the S&P 500 index ...
Intel (NASDAQ: INTC) stock price was down by 2.9% as of 3 p.m. ET Monday, even as the S&P 500 index was up by 0.5% and the Nasdaq Composite had gained 1% for the day. ... 24/7 Help. For premium ...
If the company is able to exit its foundry business, its gross margins and earnings per share could rise, boosting its stock price to $50-$60 per share, the analysts wrote. That's as much as a 165 ...
24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support please call: ... Before you buy stock in Intel, consider this:
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 ...
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 ...