US EditionIntel Short Sellers Are Warned By Major Investment Bank About Surprise Q2 Earnings Upside
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Intel Short Sellers Are Warned By Major Investment Bank About Surprise Q2 Earnings Upside
Chipmaker Intel Corporation's shares were slightly up in premarket trading after investment bank Citi cautioned that short sellers could experience losses after the firm's second quarter results. Intel's shares have gained roughly 13% year-to-date as new CEO Lip-Bu Tan undertakes a turnaround effort at the firm. The investment bank kept a $24 share price target and a Neutral rating for Intel's stock, indicating that Intel could post EPS upside i…
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