Intel price cut day
post #1 of 18
7/24/05 at 4:03am
|Credit Suisse First Boston maintained an "underperform" rating and $24 price target on shares of Intel.
The research firm also warned that "we are somewhat concerned that we could see oversupply of processors late this year as inventory has been building concurrent with industry processor shipments above the end-market shipments in the first half of 2005 with additional capacity being added each quarter."