Needham Reiterates Buy on Intel, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reiterated a 'Buy' rating on Intel (NASDAQ:INTC) and maintained a price target of $40.
October 05, 2023 | 8:28 am
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Intel's stock rating has been reiterated as 'Buy' by Needham analyst Quinn Bolton, with a maintained price target of $40.
The reiteration of a 'Buy' rating by a respected analyst like Quinn Bolton is a positive signal for Intel. The maintained price target of $40 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100