UBS Maintains Neutral on Intel, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri has maintained a Neutral rating on Intel (NASDAQ:INTC) and increased the price target from $46 to $50.
April 01, 2024 | 1:22 pm
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UBS analyst Timothy Arcuri maintains a Neutral rating on Intel and raises the price target from $46 to $50.
The increase in price target by UBS suggests a positive outlook on Intel's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of improved performance or valuation metrics that could lead to a slight uptick in investor confidence and potentially the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90