Cantor Fitzgerald Maintains Neutral on Intel, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse maintains a Neutral rating on Intel (INTC) and lowers the price target from $50 to $45.
April 08, 2024 | 5:54 pm
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Cantor Fitzgerald has maintained a Neutral rating on Intel and reduced the price target from $50 to $45.
The reduction in price target by Cantor Fitzgerald could lead to a negative short-term sentiment among investors, potentially causing a decrease in Intel's stock price. The Neutral rating suggests that the analyst does not see significant upside or downside from the current level, but the lowering of the price target indicates a less optimistic view on the stock's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100