Intel (INTC) is downgraded to Neutral at Citigroup which cites Asian checks and PC unit growth falling 1%. That's outstanding analysis after the stock has fallen more than 20% since May, and following the company's downside guidance last week. Shares -0.7% premarket. [View news story]
It amazes me that you can come out with a downgrade at this point after a drop in the stock. Where was this analyst when the stock was trading 27??
Intel (INTC) is downgraded to Neutral at Citigroup which cites Asian checks and PC unit growth falling 1%. That's outstanding analysis after the stock has fallen more than 20% since May, and following the company's downside guidance last week. Shares -0.7% premarket. [View news story]