This Is What Whales Are Betting On Intel
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Intel (NASDAQ:INTC), with 51% of trades being bearish and 48% bullish. The targeted price range for Intel over the last 3 months has been $32.0 to $37.5. The current price of INTC is $35.68, down -0.03%. Analysts have mixed opinions, with Rosenblatt downgrading to Sell with a price target of $17, while Northland Capital Markets maintains an Outperform rating with a price target of $56.
October 31, 2023 | 5:02 pm
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Bearish sentiment among investors and mixed analyst ratings could lead to volatility in Intel's stock price. The targeted price range for the last 3 months has been $32.0 to $37.5, while the current price is $35.68.
The bearish sentiment among investors and the mixed analyst ratings indicate uncertainty around Intel's stock. This could lead to increased volatility in the short term. The targeted price range also suggests potential downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100