Rosenblatt Reiterates Sell on Intel, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Hans Mosesmann has reiterated a Sell rating on Intel Corporation (NASDAQ:INTC) and maintained a price target of $17.
January 26, 2024 | 4:42 pm
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Rosenblatt analyst Hans Mosesmann reiterates a Sell rating on Intel with a maintained price target of $17, suggesting a bearish outlook on the stock.
The reiteration of a Sell rating by a prominent analyst could negatively influence investor sentiment and potentially lead to a short-term decline in Intel's stock price. The maintained price target of $17, which is significantly below the current trading price, reinforces the analyst's bearish stance and may weigh on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100