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Technology Stocks : Semi Equipment Analysis
SOXX 316.33+1.3%Dec 10 4:00 PM EST

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To: robert b furman who wrote (88876)8/23/2022 6:37:53 PM
From: Return to Sender2 Recommendations   of 95546
 
Needham analyst Quinn Bolton maintained a Buy rating on Intel ( INTCResearch Report) today and set a price target of $40.00. The company’s shares closed today at $33.95.

Bolton covers the Technology sector, focusing on stocks such as Intel, Semtech, and Analog Devices. According to TipRanks, Bolton has an average return of 43.9% and a 71.43% success rate on recommended stocks.

Intel has an analyst consensus of Hold, with a price target consensus of $40.04.

See today’s best-performing stocks on TipRanks >>

Based on Intel’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $15.32 billion and a GAAP net loss of $454 million. In comparison, last year the company earned a revenue of $19.63 billion and had a net profit of $5.06 billion
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