Intel (INTC.US) guidance disappoints, Bank of America and JPMorgan both lower target price

智通财经2026/10/30 13:11

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

According to Zhitong Finance APP, Intel (INTC.US) delivered a better-than-expected Q3 earnings report, but its Q4 guidance caused the share price to plunge. On October 30, two investment banks downgraded their outlook on this chip giant on the same day: JPMorgan maintained a Neutral rating, lowering the target price from $85 to $80; Bank of America Securities directly downgraded from Buy to Neutral, slashing the target price from $145 to $100.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Intel (INTC.US) guidance disappoints, Bank of America and JPMorgan both lower target price

You may also like

Crypto prices