Intel's (INTC) Sell Rating Reiterated at Rosenblatt Securities

Market Beat
2024.08.02 23:14
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Intel's "sell" rating was reiterated by Rosenblatt Securities, with a target price of $17.00, suggesting a potential downside of 20.86% from the stock's previous close. Several other equities research analysts also downgraded Intel's rating. The stock traded down 26.1% on Friday, hitting $21.48. Intel has a 52-week low of $20.42 and a 52-week high of $51.28. The company has a market capitalization of $91.44 billion.