These Analysts Slash Their Forecasts On Intel After Q3 Results
Intel beats Q3 estimates but guides Q4 well below forecasts; shares fall 25%, while analysts downgrade the stock and slash price targets.
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Why It Matters
Intel did better than expected this quarter, but said next quarter will be much weaker. When a company's bosses say business is slowing down, smart money investors get worried.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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