Barclays Maintains Equal-Weight on Intel, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Macwilliams maintains an Equal-Weight rating on Intel (NASDAQ: INTC) but lowers the price target from $40 to $25.
August 02, 2024 | 3:00 pm
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Barclays analyst Ryan Macwilliams maintains an Equal-Weight rating on Intel but lowers the price target from $40 to $25.
The lowered price target from $40 to $25 by Barclays suggests a negative outlook on Intel's stock performance, likely leading to a short-term decline in its stock price.
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