Mizuho cuts Intel target for remainder of 2026
Mizuho analyst Vijay Rakesh lowered Intel’s target to $92 from $109, a reduction of 15.6%. The note cites near-term multiple compression and more complex reasoning than a simple bearish warning.
Intel (INTC) just received a sharp price-target cut from Mizuho, but the reasoning behind the call is considerably more complicated than a straightforward bearish warning.Analyst Vijay Rakesh lowered his Intel NASDAQ:INTC target to $92 from $109, a reduction of 15.6%, citing near-term multiple comp…