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Rakesh covers the Technology sector, focusing on stocks such as Micron, Intel, and ARM Holdings PLC ADR. According to TipRanks, Rakesh has an average return of 82.5% and a 74.19% success rate on recommended stocks.
In addition to Mizuho Securities, Intel also received a Hold from Northland Securities’s Gus Richard in a report issued on May 26. However, on May 19, Citi assigned a Buy rating to Intel (NASDAQ: INTC).
Based on Intel’s latest earnings release for the quarter ending March 28, the company reported a quarterly revenue of $13.58 billion and a GAAP net loss of $3.73 billion. In comparison, last year the company earned a revenue of $12.67 billion and had a GAAP net loss of $821 million
