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Intel (INTC): New Buy Recommendation for This Technology Giant

Markets Mizuho Securities analyst Vijay Rakesh maintained a Buy rating on Intel (INTC โ€“ Research Report) yesterday and set a price target of $72.00. The companyโ€™s shares closed last Thursday at $62.57. According to TipRanks.com, Rakesh is a top 100 analyst with an average return of 27.2% and a 68.9% success rate. Rakesh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Allegro MicroSystems, and NXP Semiconductors. The word on The Street in general, suggests a...
Vijay Rakesh Memory Solutions Group Client Computing Group Advanced Micro Devices Programmable Solutions Group Data Center Group
Source: markets.co

Strong PC chip sales help Intel beat forecasts, but data center revenue tanks

Strong PC chip sales help Intel beat forecasts, but data center revenue tanks SHARE Chipmaking giant Intel Corp. beat market expectations on earnings and revenue today thanks to strong sales of personal computer chips as it delivered its first quarterly financial results under new Chief Executive Pat Gelsinger. The companyโ€™s first-quarter sales were essentially flat, however, and its profit fell from the same period one year ago, sending its stock down more than 2% a...
Pat Gelsinger Lisa Su Charles King Patrick Moorhead Vmware Inc Arm Ltd

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