UBS Maintains Neutral on Intel, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri maintains a Neutral rating on Intel (NASDAQ: INTC) but lowers the price target from $37 to $32.
August 02, 2024 | 5:43 pm
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UBS analyst Timothy Arcuri maintains a Neutral rating on Intel but lowers the price target from $37 to $32, indicating a cautious outlook.
The lowered price target from $37 to $32 by UBS suggests a less optimistic view on Intel's near-term performance, which could lead to a negative short-term impact on the stock price.
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IMPORTANCE 80
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