Baird Maintains Neutral on Intel, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Tristan Gerra maintains a Neutral rating on Intel (NASDAQ:INTC) and raises the price target from $20 to $25.

November 01, 2024 | 12:52 pm
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Baird analyst Tristan Gerra has maintained a Neutral rating on Intel, but increased the price target from $20 to $25, indicating a more positive outlook.
The increase in price target from $20 to $25 suggests a more optimistic view on Intel's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, which tempers the impact.
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