Raymond James Downgrades Intel to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James has downgraded Intel (NASDAQ:INTC) from Outperform to Market Perform, as per analyst Srini Pajjuri.
August 02, 2024 | 10:53 am
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Raymond James analyst Srini Pajjuri has downgraded Intel from Outperform to Market Perform, indicating a less optimistic outlook on the stock's performance.
The downgrade from a reputable analyst firm like Raymond James can negatively impact investor sentiment and potentially lead to a short-term decline in Intel's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100