Goldman Sachs Maintains Sell on Intel, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Sell rating on Intel (NASDAQ:INTC) and lowered the price target from $34 to $30.

May 09, 2024 | 12:45 pm
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Goldman Sachs maintains a Sell rating on Intel and reduces the price target to $30.
The reduction in price target by a significant margin from $34 to $30 by Goldman Sachs, a major financial institution, suggests a bearish outlook on Intel's stock. This could lead to a negative perception among investors, potentially driving the stock price down in the short term.
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