Scalper1 News
Intel (INTC) stock got an upgrade, but also a pair of price target cuts, after the No. 1 chipmaker on Thursday slashed nearly $1 billion from its Q1 revenue forecast amid declining demand for personal computers. Canaccord Genuity analyst Matthew Ramsay, in a research report Friday, upgraded Intel stock to buy from hold while lowering his price target to 38 from 40. “While mobile losses remain heavy, we believe Intel’s modem/system-on-chip Scalper1 News
Scalper1 News