UBS Maintains Neutral on Intel, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri maintains a Neutral rating on Intel (NASDAQ:INTC) and raises the price target from $35 to $38.

July 28, 2023 | 1:57 pm
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UBS analyst maintains a Neutral rating on Intel and raises the price target from $35 to $38.
The news is directly related to Intel. UBS analyst's decision to maintain a Neutral rating indicates that the company's stock is expected to perform in line with the market or sector average. The increase in price target from $35 to $38 suggests a positive outlook, but as the rating remains Neutral, the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100