Goldman Sachs Maintains Sell on Intel, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Sell rating on Intel (NASDAQ:INTC) and reduced the price target from $39 to $34.
April 26, 2024 | 11:28 am
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Goldman Sachs maintains a Sell rating on Intel and lowers the price target from $39 to $34.
The reduction in price target by Goldman Sachs, a major financial institution, signals a bearish outlook on Intel's stock. This could lead to a decrease in investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100