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.
April 03, 2024 | 1:23 pm
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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 while there may not be negative news impacting the stock, there also aren't strong positive catalysts to drive the price significantly higher in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100