This Analyst Previews Texas Instruments, Intel Ahead Of Quarterly Results
Earnings season kicks off next week with Texas Instruments Inc (NASDAQ: TXN ) ( Buy , Price Target: $230) on July 26. Rosenblatt analyst Hans Mosesmann expected an inline 2Q and inline 3Q guide as it recovered from the China Covid-19 shutdowns. On July 28, Intel Corp (NASDAQ: INTC ) ( Sell , PT $40) looked to report where Mosesmann expected them to meet 2Q but lower the $76 billion current year outlook due to inflationary pressures in PC, shares losses in CPUs, and delayed volume ramp of Sapphire Rapids. He saw 2Q22 sales coming in line with his|consensus estimates, with the quarter impacted by ~$500 million due to shutdowns. For September, he expected sales … Full story available on Benzinga.com
This Analyst Previews Texas Instruments, Intel Ahead Of Quarterly Results
Earnings season kicks off next week with Texas Instruments Inc (NASDAQ: TXN ) ( Buy , Price Target: $230) on July 26. Rosenblatt analyst Hans Mosesmann expected an inline 2Q and inline 3Q guide as it recovered from the China Covid-19 shutdowns. On July 28, Intel Corp (NASDAQ: INTC ) ( Sell , PT $40) looked to report where Mosesmann expected them to meet 2Q but lower the $76 billion current year outlook due to inflationary pressures in PC, shares losses in CPUs, and delayed volume ramp of Sapphire Rapids. He saw 2Q22 sales coming in line with his|consensus estimates, with the quarter impacted by ~$500 million due to shutdowns. For September, he expected sales … Full story available on Benzinga.com