Evercore ISI Group Initiates Coverage On Intel with In-Line Rating, Announces Price Target of $40
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Lipacis initiates coverage on Intel (NASDAQ:INTC) with an In-Line rating and a price target of $40.

April 16, 2024 | 9:35 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Evercore ISI Group has initiated coverage on Intel with an In-Line rating and a price target of $40.
The initiation of coverage by Evercore ISI Group with an In-Line rating suggests a neutral outlook on Intel's stock in the short term. The price target of $40 indicates the analyst's expectation of where the stock price might settle, which could influence investor sentiment and potentially stabilize the stock price around this target. However, since the rating is In-Line, it does not suggest a significant upside or downside, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100