Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook
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Deutsche Bank on Intel (INTC): 'strikes positive tone'
May 31, 2023 1:00 PM EDTDeutsche Bank analyst Ross Seymore reiterated a Hold rating and $32.00 price target on Intel (NASDAQ: INTC)
The analyst comments "After multiple soft negative pre-announcements last year during similar investor conferences, we are pleased to see this mid-quarter update striking a more positive tone, signaling further evidence that INTC is turning the cyclical corner. While this is positive news, we are not... More
