Morgan Stanley Maintains Equal-Weight on Intel, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore maintains an Equal-Weight rating on Intel (NASDAQ: INTC) but lowers the price target from $36 to $25.

August 02, 2024 | 12:11 pm
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Morgan Stanley analyst Joseph Moore maintains an Equal-Weight rating on Intel but lowers the price target from $36 to $25.
The lowered price target from $36 to $25 by a major financial institution like Morgan Stanley suggests a negative outlook on Intel's short-term performance, likely leading to a decrease in investor confidence and a potential drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100