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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'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.
Intel (NASDAQ: INTC) stock is sinking again in Friday's trading. The chip company's share price was down 2.1% as of 3:10 p.m. ET, according to data from S&P Global Market Intelligence .
Intel (NASDAQ: INTC) stock is losing ground in Friday's trading. 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 (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% ...