Jefferies Assumes Intel at Hold, Lowers Price Target of $34
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Blayne Curtis has assumed coverage on Intel (NASDAQ:INTC) with a Hold rating and has lowered the price target to $34.
May 13, 2024 | 12:23 pm
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Jefferies analyst Blayne Curtis has initiated coverage on Intel with a Hold rating and reduced the price target to $34, indicating a cautious outlook on the stock.
The initiation of coverage by Jefferies with a Hold rating and a lowered price target suggests a neutral to slightly cautious view on Intel's short-term stock performance. This could lead to a tempered investor response, as the new price target might adjust market expectations.
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IMPORTANCE 80
RELEVANCE 100