Cantor Slashes Intel Price Target to $20 Ahead of …

From Financial Modeling Prep: 2025-04-21 09:39:00

Cantor Fitzgerald lowers Intel’s price target to $20 from $29 before earnings call with new CEO Lip-Bu Tan. Analysts predict in-line results but weaker guidance due to leadership transition. Investors await clarity on potential structural changes, cost-cutting measures, and upcoming events like Intel Foundry Day on April 29.



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