Intel (INTC) Receives a Hold from Mizuho Securities
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According to TipRanks, Rakesh is a 5-star analyst with an average return of 16.2% and a 56.40% success rate. Rakesh covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and Nvidia.
In addition to Mizuho Securities, Intel also received a Hold from Truist Financial's William Stein in a report issued on June 23. However, on June 24, Northland Securities maintained a Buy rating on Intel (NASDAQ: INTC).
Based on Intel's latest earnings release for the quarter ending March 29, the company reported a quarterly revenue of $12.67 billion and a GAAP net loss of $821 million. In comparison, last year the company earned a revenue of $12.72 billion and had a GAAP net loss of $381 million
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