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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%.
INTC data by YCharts. Intel goes from bad to worse. Investors initially reacted favorably to the news that Gelsinger was stepping down, though it didn't take long for that shine to wear off, and ...
Intel (NASDAQ: INTC) stock is losing ground Monday amid a broader tech-sector slide. The semiconductor company's share price was down 1.6% as of 3:20 p.m. ET after being down by as much as 5% ...
Intel's removal from the Dow doesn't really impact the business, but it will lead exchange-traded funds (ETFs) that track the Dow to sell the stock when the Dow makes the switch on Nov. 8.
In the column, the Journal argued that while Intel will take a long time and a lot of money to turn itself around, its recovery is inevitable for several reasons. First and foremost, the company ...
Intel is the world's third-largest chip fabrication company, behind Taiwan Semiconductor Manufacturing and Samsung. On the other hand, Intel's fab performance is significantly behind TSMC's, and ...