Mizuho Maintains Hold Rating on Intel and Sets $92 Price Target
Mizuho Securities maintained a Hold rating on Intel and kept a $92.00 price target. Intel reported quarterly revenue of $16.13 billion and a GAAP net loss of $11.03 billion for the quarter ending June 27, versus $12.86 billion revenue and a $2.92 billion net loss last year. Insider buying increased over the past quarter.