BlockBeats News, July 24th, Goldman Sachs analyst James Schneider, following Intel's second-quarter earnings release, maintained a neutral rating with a target price of $150 per share.
The analyst noted that the company is expected to see a rise in stock price driven by a strong quarter and guidance, benefiting from the better-than-expected performance of the data center and client sectors, a significant increase in gross margin, and positive comments on supply agreements and capital expenditure.
Goldman Sachs added that investors were in a constructive position ahead of the quarter, supported by the recent strong performance of server CPUs, ongoing momentum in advanced packaging technologies, and signs of progress in advanced fab nodes.
Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.
- CoinsPrice24H Change