Analysts Cut Intel Price Target Post Q4 Results

Analysts Cut Intel Price Target Post Q4 Results
The Intel logo at the Intel stand at the 2018 CeBIT technology trade fair in Hanover, Germany, on June 12, 2018. Alexander Koerner/Getty Images
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Analysts slashed their price targets on Intel Corp. following lackluster Q1 guidance.

Citi analyst Christopher Danely lowered the price target to $55 from $58 (13 percent upside) and reiterated a Neutral.