A number of stock research firms have changed their ratings and price targets for Intel (NASDAQ: INTC) during the last seven days:

  • 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.
  • Intel had its “outperform” rating reaffirmed by analysts at Cowen.
  • Intel had its “buy” rating reaffirmed by analysts at ISI Group. They now have a $29.00 price target on the stock.
  • Intel had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co..
  • Intel had its “neutral” rating reaffirmed by analysts at Longbow Research. They now have a $28.00 price target on the stock.
  • Intel had its “sector perform” rating reaffirmed by analysts at RBC Capital. They now have a $24.00 price target on the stock.

Shares of Intel traded down 0.39% during mid-day trading on Wednesday, hitting $22.75. Intel has a one year low of $21.06 and a one year high of $29.27. The company has a market cap of $113.8 billion and a P/E ratio of 9.69.

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