Yet Another Analyst Sees Slowdown in PC Shipment Causing Headwind for Intel

Yet Another Analyst Sees Slowdown in PC Shipment Causing Headwind for Intel
The Intel logo outside of the Intel headquarters in Santa Clara, Calif., on April 26, 2018. Justin Sullivan/Getty Images
Benzinga
Updated:

Citi analyst Christopher Danely saw Intel Corp. experience some headwinds as PC shipments fell below Citi’s estimates.

Danely had a Neutral rating and a $55 price target on Intel (18.1 percent upside).