Mizuho Securities analyst Vijay Rakesh initiated coverage with a Hold rating on Intel (INTC - Research Report) yesterday and set a price target of $32.00. The company's shares closed yesterday at $28.94.Rakesh covers the Technology sector, focusing on stocks such as Nvidia, Advanced Micro Devices, and Micron. According to TipRanks, Rakesh has an average return of 17.7% and a 56.18% success rate on recommended stocks. In addition to Mizuho Securities, Intel also received a Hold from Cowen & Co.'s Matt Ramsay in a report issued yesterday. However, on November 11, J.P. Morgan downgraded Intel (NASDAQ: INTC) to a Sell.
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