Wells Fargo Maintains Equal-Weight on Intel, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Equal-Weight rating on Intel (NASDAQ:INTC) and reduced the price target from $48 to $43.
April 09, 2024 | 1:34 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Intel but lowered the price target from $48 to $43.
The reduction in price target by Wells Fargo, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Intel's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100