Mizuho cuts Intel price target to $92 from $109, maintains Hold
INTC Intel Corp
$95.81 +4.51%
View chart & analysis → - 1Mizuho analyst Vijay Rakesh lowered Intel's (INTC) price target to $92 from $109 and maintained a Hold rating.
- 2He cited new process pressures, weak PC demand, and limited valuation upside as near-term profitability concerns.
- 3He sees medium-to-long-term opportunities, including AI inference processor demand and roughly $3.5 billion in advanced packaging revenue expected by 2029.
This 3-line summary is compiled from the report below.
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