Northland Capital Markets Maintains Outperform on Intel, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an Outperform rating on Intel (NASDAQ:INTC) but lowered the price target from $68 to $42.
August 02, 2024 | 5:59 pm
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Northland Capital Markets has maintained an Outperform rating on Intel but lowered the price target from $68 to $42.
The Outperform rating suggests continued confidence in Intel's performance, but the significant reduction in the price target indicates concerns about future growth or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100