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Mizuho cuts Intel price target to $92 as shares retreat 32%

Verifying
  • Vijay Rakesh lowered Mizuho’s Intel price objective to $92 while retaining a Hold recommendation.
  • Intel reported $16.13 billion in second-quarter revenue and $0.42 earnings per share.
  • Lip-Bu Tan bought 105,263 Intel shares on August 11 at $95 each.
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