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1 Wall Street Analyst Thinks Intel Is Going To $17. Is It a Sell?
IntelIntel(US:INTC) The Motley Foolยท2024-05-01 10:16

Intel just fell on earnings, but it could go even lower, according to one analyst.Intel (INTC -2.84%) 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 ...