Susquehanna Maintains Neutral on Intel, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland has maintained a Neutral rating on Intel Corporation (NASDAQ:INTC) and increased the price target from $38 to $42.
January 18, 2024 | 4:52 pm
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Susquehanna analyst Christopher Rolland maintains a Neutral rating on Intel but raises the price target from $38 to $42.
The increase in price target by Susquehanna suggests a slightly more optimistic outlook on Intel's valuation, but the maintenance of a Neutral rating indicates that the analyst does not see significant catalysts for growth or decline in the short term. This may lead to a modestly positive investor sentiment, but not necessarily a significant stock price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100