In a report released today, Stacy Rasgon from Bernstein maintained a Sell rating on Intel (INTC – Research Report), with a price target of $35.00. The company's shares closed last Friday at $36.97, close to its 52-week low of $36.60. According to TipRanks.com, Rasgon is a 4-star analyst with an average return of 7.3% and a 56.3% success rate. Rasgon covers the Technology sector, focusing on stocks such as Infineon Technologies AG, Qualcomm, and Nvidia. Currently, the analyst consensus on Intel is a Hold with an average price target of $51.19, representing a 36.6% upside.
https://www.tipranks.com/news/blurbs/bernstein-remains-a-sell-on-intel-intc-2?utm_source=advfn.com&utm_medium=referral
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