The major market averages on Wall Street opened higher on Friday, with the Nasdaq leading the pack, as Apple and Intel's earnings reports brought cheer, while the Fed's preferred inflation gauge came in line with expectations.
Morgan Stanley (NYSE:MS) analyst Joseph Moore revised the price target for Intel Corporation (NASDAQ: NASDAQ:INTC) shares, reducing it to $25.00 from the previous $25.58. Despite the adjustment, the firm maintained its Equalweight rating on the stock.
Intel's (NASDAQ:INTC) fourth quarter results beat estimates, but analysts had mixed reactions overall. Jefferies kept its Hold rating on the stock but lowered the price target to $23 from $25. Shares of Intel rose about 1% premarket on Friday.
Computer processor maker Intel (NASDAQ:INTC) reported Q4 CY2024 results , but sales fell by 7.4% year on year to $14.26 billion. On the other hand, next quarter’s revenue guidance of $12.2 billion was less impressive,
Among the panoply of earnings reports we see this week, chip stock Intel (INTC) is poised to roll out its own report. And, for the most part,
Intel Corp (NASDAQ: INTC) is looking at the US government to be its savior, and that’s part of the problem that’s been standing in their way of a meaningful recovery, says Ed Snyder of Charter Equity Research.
Intel posts strong Q4 results but warns of challenges ahead as analysts lower price targets amid weak guidance
The good news about chip stock Intel (INTC) is that it can still get high-profile clients interested in using Intel’s processors to drive new
Securities adjusted its outlook on Intel Corporation (NASDAQ:INTC), reducing the price target from $21.00 to $20.00 while sustaining a Neutral rating on the shares. This aligns with the broader analyst consensus,
Intel’s (NASDAQ:INTC) woes have shown no signs of abating as the company appears to be struggling on almost all fronts. As the chip giant
Computer processor maker Intel (NASDAQ:INTC) reported Q4 CY2024 results , but sales fell by 7.4% year on year to $14.26 billion. On the other hand, next quarter’s revenue guidance of $12.2 billion was less impressive,
The Dow and S&P 500 are near all-time highs early Friday as Apple stock flashes a buy signal. Deckers and Atlassian diverged on earnings.