This Is What Whales Are Betting On Intel
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Intel (NASDAQ:INTC), with 68% of the spotted trades being bearish and 31% bullish. The trades range from $30.0 to $55.0 for Intel over the last 3 months. The current price of INTC is up 0.86% at $33.42. Analysts from Deutsche Bank, Truist Securities, Raymond James, TD Cowen, and Tigress Financial have maintained their ratings on Intel, with price targets ranging from $37 to $46.
August 22, 2023 | 2:46 pm
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Intel has seen a bearish stance from a significant investor, with a majority of trades being bearish. Analysts have maintained their ratings, with price targets ranging from $37 to $46.
The bearish stance taken by a significant investor, along with the majority of trades being bearish, could potentially lead to a decrease in Intel's stock price in the short term. However, the maintained ratings and price targets from analysts suggest a stable outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100