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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%.
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 ...
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 ...
Shares of Intel (NASDAQ: INTC) continued to retreat today after an initial pop following the exit of CEO Pat Gelsinger. Intel added new members to its board this morning, but a picture of a ...
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. The chipmaker's decline ...
Intel stock fell today after it was revealed that the company had only received $7.9 billion in direct funding through the CHIPS Act. Previously, the company had been on track to receive an $8.5 ...
Intel (NASDAQ: INTC) stock is losing ground in Tuesday's trading. The semiconductor company's share price was down 2.6% as of 1:45 p.m. ET, and had been down as much as 3.2% earlier in the daily ...
With today's pullback, Intel stock is now down 60% across 2024's trading and 71% from its 10-year high. The company could have a tough road ahead. Intel's Q2 report signaled major structural ...
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related to: why has intel stock dropped so much this week