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Intel Posts $0.42 EPS as Major Funds Adjust Share Holdings

Intel logoIntel
Sig1.90Sen+1.67Env+0.15Soc0.00Gov+0.27

Resona Asset Management sold 190,026 shares of Intel, while Capital World Investors raised its stake by 20.3% and Geode Capital Management increased holdings by 3.2%. Morgan Stanley also added shares. Intel reported $0.42 EPS for the quarter, beating analysts’ $0.21 consensus. Bank of America reiterated a buy rating, while Mizuho cut its price objective and set a neutral stance.

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