A post by @FirstSquawk on X.
BOFA GLOBAL RESEARCH CUTS INTEL PRICE OBJECTIVE TO $80 FROM $100
@FirstSquawk on X
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BofA Global Research lowered its price objective on Intel to $80 from $100. The revision trims the bank’s prior target by $20 while keeping the focus on Intel’s equity outlook. The move matters because sell-side target changes can shape near-term sentiment and valuation debates around the chipmaker. Investors will watch whether other brokerages adjust their Intel targets and how the stock trades relative to the revised level.
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Named in this story
Intel (INTC), BofA Global Research
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