StockNews.AISignal intelligencePublic signal · 1-minute delayed
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The lower target and stated demand concern support a bearish view, although the substantial decline since the signal means some weakness may already be reflected.
What happened, with direct paths to the underlying reporting
Rosenblatt lowered its INTC target to $70 versus a posted price of $92.07, citing a weaker-than-expected PC market and recovery dependence on server CPUs. INTC has already fallen 28.58% since the signal.
Target: $70
Posted price: $92.07
Analyst firm: Rosenblatt Securities
Analyst: Hans Mosesmann
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