Intel Shares Slide As Tariff Jitters Cloud Outlook, Analysts See More Challenges Despite New CEO Initiatives

Intel Corp INTC shares dropped sharply after the company announced on Thursday disappointing second-quarter guidance.The announcement came amid an exciting earnings season. Here are some key analyst takeaways.Rosenblatt Securities On IntelAnalyst Kevin Cassidy maintained a Sell rating, while reducing the price target from $18 to$ 14.Intel reported first-quarter revenue of $12.7 billion, down 11% sequentially and 1% year-on-year, although it beat consensus of$ 12.2 billion, Cassidy said in a note. Management ...