Susquehanna Maintains Neutral on Intel, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a Neutral rating on Intel (NASDAQ:INTC) and lowers the price target from $40 to $35.
April 26, 2024 | 2:05 pm
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Susquehanna maintains a Neutral rating on Intel and lowers the price target from $40 to $35.
The reduction in price target by Susquehanna reflects a negative outlook on Intel's short-term stock price performance. A lower price target often leads to a negative perception among investors, potentially causing a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100