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Intel price target lowered to $40 from $42 at Susquehanna
The Fly

Intel price target lowered to $40 from $42 at Susquehanna

Susquehanna analyst Christopher Rolland lowered the firm’s price target on Intel to $40 from $42 and keeps a Neutral rating on the shares. The firm said they expect in-line to slightly weaker guidance as stronger PC checks are offset by Meteor Lake’s volume ramp push, and Server choppiness.

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