Intel Updates Capital Allocation to Drive Long-Term Strategy, Declares Quarterly Dividend of $0.125
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- Wall St slips as higher Treasury yields weigh on sentiment
- Oil slides following outreach to Iran to limit Houthis actions in Red Sea
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Needham & Company Reiterates Buy Rating on Intel (INTC) Following Dividend Cut
February 22, 2023 1:01 PM ESTNeedham & Company analyst N. Quinn Bolton reiterated a Buy rating and $32.00 price target on Intel (NASDAQ: INTC) after it announced a major reset to its dividend policy with a ~66% reduction to $0.50 per year.
The analyst commented, "In addition to preserving FCF by... More
Intel (INTC) 'Ripping the Bandaid Off' with Dividend Cut - BMO
February 22, 2023 11:01 AM ESTBMO Capital analyst Ambrish Srivastava weighed in on Intel (NASDAQ: INTC) following today's dividend cut, which the analyst said it "had to do."
The analyst commented, "Intel had to do this. We had flagged this as one of the top... More
