Intel (INTC – Research Report) received a Hold rating and a $40.00 price target from Robert W. Baird analyst Tristan Gerra today. The company's shares closed last Thursday at $39.71. According to TipRanks.com, Gerra is a 5-star analyst with an average return of 10.6% and a 54.5% success rate. Gerra covers the Technology sector, focusing on stocks such as Sequans Communications S A, Advanced Micro Devices, and Lattice Semiconductor. Intel has an analyst consensus of Hold, with a price target consensus of $42.75, a 6.6% upside from current levels. In a report issued on July 18, Evercore ISI also maintained a Hold rating on the stock with a $40.
https://www.tipranks.com/news/blurbs/what-made-robert-w-baird-downgrade-intels-stock?utm_source=advfn.com&utm_medium=referral
Intel (NASDAQ:INTC)
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