Wedbush Reiterates Neutral on Intel, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matthew Bryson reiterated a Neutral rating on Intel (NASDAQ:INTC) and maintained a $40 price target.

February 16, 2024 | 2:59 pm
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NEUTRAL IMPACT
Wedbush analyst Matthew Bryson reiterated a Neutral rating on Intel and maintained a $40 price target.
The reiteration of a Neutral rating and maintenance of a $40 price target by Wedbush analyst Matthew Bryson suggests no significant short-term price movement is expected for Intel. The analyst's stance indicates that the current valuation and future prospects of Intel are adequately reflected in its current price, leading to a neutral impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90