Susquehanna Maintains Neutral on Intel, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a Neutral rating on Intel (NASDAQ:INTC) and lowers the price target from $42 to $40.
April 17, 2024 | 12:26 pm
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Susquehanna maintains a Neutral rating on Intel and lowers the price target from $42 to $40.
The reduction in price target by Susquehanna reflects a less optimistic outlook on Intel's stock, potentially due to concerns about the company's future performance or market conditions. This adjustment could lead to a negative short-term impact on Intel's stock price as investors adjust their expectations.
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