Truist Securities Maintains Hold on Intel, Raises Price Target to $37
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst William Stein maintains a 'Hold' rating on Intel (NASDAQ:INTC) and raises the price target from $32 to $37.
July 28, 2023 | 2:41 pm
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Truist Securities maintains a 'Hold' rating on Intel and raises the price target from $32 to $37.
The news is directly related to Intel. The 'Hold' rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target from $32 to $37 indicates a positive outlook, but as it's not a 'Buy' rating, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100