Wall Street Zen Upgrades Intel (NASDAQ:INTC) to Hold

Market Beat
2025.05.24 05:38
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Wall Street Zen upgraded Intel (NASDAQ: INTC) from a "sell" to a "hold" rating in a recent research report. Other analysts have mixed views, with Seaport Res Ptn rating it as a "strong sell" and Cantor Fitzgerald lowering its target price from $29 to $20. Currently, Intel has an average rating of "hold" with a consensus price target of $21.57. The company reported earnings of $0.13 per share, exceeding estimates, but its revenue declined 0.4% year-over-year. Hedge funds hold 64.53% of Intel's stock.