Tigress Financial Reiterates Buy on Intel, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Tigress Financial analyst Ivan Feinseth has reiterated a 'Buy' rating on Intel (NASDAQ:INTC), but lowered the price target from $72 to $46.
August 04, 2023 | 5:03 pm
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NEGATIVE IMPACT
Intel's price target has been lowered from $72 to $46 by Tigress Financial, although the 'Buy' rating is maintained.
The lowering of the price target by Tigress Financial indicates a potential decrease in Intel's stock price in the short term. However, the maintained 'Buy' rating suggests that the analyst still sees value in the stock, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100