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Intel (INTC) PT Lowered to $44 at Goldman Sachs

October 22, 2021 6:26 AM EDT

Goldman Sachs analyst Toshiya Hari lowered the price target on Intel (NASDAQ: INTC) to $44.00 (from $51.00) while maintaining a Sell rating.

"It is increasingly clear that Intel's intended path to process node parity/leadership will require higher levels of capex and entail... More