Deutsche Bank Maintains Hold on Intel, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Ross Seymore maintains a Hold rating on Intel (NASDAQ:INTC) and lowers the price target from $27 to $25.
October 03, 2024 | 4:40 pm
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Deutsche Bank analyst Ross Seymore maintains a Hold rating on Intel and lowers the price target from $27 to $25, indicating a cautious outlook.
The lowering of the price target by Deutsche Bank suggests a less optimistic view on Intel's short-term performance, which could lead to a negative impact on the stock price. The Hold rating indicates that the analyst does not see significant upside potential at the moment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100