A number of firms have modified their ratings and price targets on shares of Intel (NASDAQ: INTC) recently:

  • Intel was downgraded by analysts at Longbow Research from a “buy” rating to a “neutral” rating.
  • Intel had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co..
  • Intel was downgraded by analysts at RBC Capital from an “outperform” rating to a “sector perform” rating. They now have a $24.00 price target on the stock, down previously from $28.00.
  • Intel had its “neutral” rating reaffirmed by analysts at Piper Jaffray. They now have a $22.00 price target on the stock.
  • Intel is now covered by analysts at Drexel Hamilton. They set a “hold” rating on the stock.
  • Intel had its “market perform” rating reaffirmed by analysts at FBR Capital. They now have a $26.00 price target on the stock.
  • Intel had its “equalweight” rating reaffirmed by analysts at Evercore Partners. They now have a $24.00 price target on the stock.
  • Intel was downgraded by analysts at Caris & Co. from a “buy” rating to an “above average” rating. They now have a $26.00 price target on the stock, down previously from $29.00.

Shares of Intel traded up 0.60% during mid-day trading on Wednesday, hitting $22.67. Intel has a one year low of $20.40 and a one year high of $29.27. The company has a market cap of $113.4 billion and a P/E ratio of 9.56.

Intel Corporation designs and manufactures integrated digital technology platforms. A platform consists of a microprocessor and chipset.