Intel shares have plummeted 40% YTD, prompting analysts to revise price targets and express skepticism about restoring confidence and margins. CEO Gelsinger is leading a turnaround, investing in chip-foundry and cutting jobs, while launching new chips to compete with AMD.
Seagate, on the other hand, reported strong earnings and received positive price target revisions due to its technology leadership. Apple is developing a foldable iPhone and plans to integrate AI-powered tasks into its ecosystem.
Analysts have adjusted Apple's stock price targets ahead of earnings. Arm Holdings reported solid earnings, but its stock price fell as guidance fell short of expectations.
Overall, analysts are closely monitoring these stocks and adjusting their price targets based on company performance and market dynamics.
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