1 Wall Street Analyst Thinks Intel Is Going To $17. Is It a Sell?
Intel (NASDAQ: INTC) stock tumbled after its latest earnings report as the chipmaker once again took a step back with its turnaround plan.
While the company beat estimates on the top and bottom lines, revenue growth was modest at just 9% as the company faced easy comparisons with the quarter a year ago.
Even worse, investors were disappointed by Intel's outlook as it expects flat revenue growth in the second quarter and a decline in earnings that was well below the Wall Street consensus.
Source Fool.com
Intel Corp. Stock
€19.63
-27.170%
Our community is currently high on Intel Corp. with 23 Buy predictions and 15 Sell predictions.
With a target price of 38 € there is a hugely positive potential of 93.54% for Intel Corp. compared to the current price of 19.63 €.
