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Intel Stock Has Fallen Over 58% In 1 Year, But Citi Maintains 'Neutral' Rating On Expected Replacement Of Pat Gelsinger In A 'Couple Of Months'
Friday, January 10, 2025 - 7:28am | 653Intel Corp. (NASDAQ:INTC) discussed its priorities for 2025 with Citi Research analyst Christopher Danely, which includes the company’s AI ambitions, solving CPU manufacturing issues, and the appointment of a new CEO. What Happened: David Zinsner and Michelle Johnston Holthaus were named as...
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This Semiconductor Stock Holds 30% Upside: Analyst
Wednesday, August 21, 2024 - 2:47pm | 519Texas Instruments Inc (NASDAQ:TXN) might be gearing up for a substantial upside. Citigroup increased its price target for its stock from $200 to $235. Analyst Christopher Danely upgraded the stock from Neutral to Buy. Additionally, JPMorgan analyst Harlan Sur has outlined a potential 30% surge in...
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AMD's AI Bet A 2024 Opportunity, But Near-Term Outlook Leaves Analysts Wary After Q2 Print
Wednesday, August 2, 2023 - 12:37pm | 927Advanced Micro Devices, Inc. (NASDAQ:AMD) reported Tuesday after the close better-than-expected second-quarter results, but the guidance came in light. The AMD Analysts: Bernstein analyst Stacy Rasgon maintained a Market Perform rating and $95 price target for AMD shares. Susquehanna Financial...
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Citi: Micron Cons Outweigh The Pros At This Point
Tuesday, August 13, 2019 - 7:35am | 387There are plenty of pros and cons to buying Micron Technology, Inc. (NASDAQ: MU) shares down 17.8% from where they were a year ago. Unfortunately for Micron investors, one analyst said Monday the cons still outway the pros at this point. The Analyst Citi analyst Christopher Danely reiterated his...
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Citi Names Intel A Top Pick, Calls Stock 'The Micron Of 2018'
Tuesday, February 27, 2018 - 10:40am | 433Intel Corporation (NASDAQ: INTC) shares have underperformed their peer group for years, with valuation at a discount relative to its peers, an analyst at Citigroup said. The Analyst Citi analyst Christopher Danely maintains a Buy rating on the shares of Intel. The analyst named the shares as...
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Wall Street Reacts After Micron Beats Consensus In Q1
Wednesday, December 20, 2017 - 2:06pm | 717Shares of Micron Technology, Inc. (NASDAQ: MU) is trading up Wednesday after delivering a top- and bottom-line beat in its fiscal first quarter earnings report. Micron guided its fiscal second quarter notably above Street estimates. Here's how Wall Street reacted. Citi: Micron Has The...
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A Trader's Guide To This Q3 Earnings Season
Friday, October 13, 2017 - 4:41pm | 621Third-quarter earnings season is officially underway, with JPMorgan Chase & Co. (NYSE: JPM) and Citigroup Inc (NYSE: C) issuing their reports Thursday, and Wall Street analysts are discussing what investors should expect. Earnings And Revenue Beats Investors should expect S&P 500...
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Citi Still Selling AMD, Concerned About Profitability
Wednesday, July 26, 2017 - 8:55am | 381Advanced Micro Devices, Inc. (NASDAQ: AMD)'s strong earnings beat and encouraging guidance wasn't sufficient for analysts at Citi to change their bearish view. Analyst Christopher Danely maintains a Sell rating on AMD's stock with a price target boosted from $4 to $5, which still...
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Strong PC Data For June Is Good For Micron Investors
Tuesday, July 11, 2017 - 9:58am | 337In what could be good tidings for Micron Technology, Inc. (NASDAQ: MU), Citi said in a note that June notebook ODM shipments rose 17 percent month over month, exceeding expectations. This, according to the firm, comes about as the strength in the PC market continues. Analysts led by...
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AMD CEO Puts Rumors To Rest: 'We're Not Looking At Enabling A Competitor To Compete With Our Products'
Wednesday, May 24, 2017 - 9:44am | 486Rumors of a potential GPU licensing deal between Advanced Micro Devices, Inc. (NASDAQ: AMD) and Intel Corporation (NASDAQ: INTC) may finally be over. The rumored deal, which never really made sense from Intel’s perspective, was likely put to rest for good at the JPMorgan Tech Conference this...
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Breaking Down The Reasons An Advanced Micro Devices Deal With Intel Not Likely To Happen
Monday, May 22, 2017 - 10:38am | 364Advance Micro Devices, Inc (NASDAQ: AMD) shares sold off by 12.1 percent last Wednesday after investors were disappointed the company didn’t announce a new GPU licensing deal with Intel Corporation (NASDAQ: INTC). Earlier in the week, IT news website Fudzilla had reported that Intel had...
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Citi Sees Xilinx As 'Still The Last Good Takeover Target Standing'
Thursday, October 20, 2016 - 10:29am | 330Xilinx, Inc. (NASDAQ: XLNX) reported better-than-anticipated CQ3:16 results on October 19 while issuing robust guidance. Citi’s Christopher Danely maintains a Neutral rating on the company with a price target of $49. Robust Results For CQ3:16, Xilinx reported revenue of $579.2 million, above...
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Intel's Risk/Reward Is Not Good, According To Citi
Wednesday, October 19, 2016 - 7:32am | 258Citi’s Christopher Danely believes the risk/reward on Intel Corporation (NASDAQ: INTC) is “not good,” given that margins and business conditions seemed to have, and expressed concern regarding high inventory. Danely maintained a Neutral rating on the company, while lowering...
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Citigroup Resumes Coverage On Broadcom, Positive On Business Diversity
Tuesday, August 30, 2016 - 8:03am | 300While mentioning that Broadcom Ltd (NASDAQ: AVGO) had a diverse portfolio of good businesses, Citigroup’s Christopher Danely said in a report that the company’s core business had strength and that multiples would expand as debt declined. The analyst resumed coverage of Broadcom with a...
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Risks To Intel's Estimates Are Increasing
Wednesday, August 17, 2016 - 11:18am | 346Following better-than-seasonal notebook ODM shipments in Q2:16, July notebook shipments declined 21 percent month-on-month, below normal seasonality. Citi’s Christopher Danely reiterated a Neutral rating on Intel Corporation (NASDAQ: INTC), with a price target of $35. July Shipments “We...