Analysts revise Intel stock price target amid disaster earnings
INTCIntel(INTC) Finbold·2024-08-02 21:01

Intel Corporation (NASDAQ: INTC), once a dominant force in the semiconductor industry, is facing intense scrutiny from financial analysts following disappointing second-quarter earnings and a challenging profit forecast. As Intel navigates strategic hurdles and a rapidly changing market landscape, several leading financial institutions have drastically lowered their price targets for INTC stock, reflecting growing concerns about its future performance.Analysts’ INTC stock downgrades are a grim consensusSusq ...