Goldman Sachs Issues a Hold Rating on Intel Corp

By Ryan Adsit

In a report issued on July 28, Toshiya Hari from Goldman Sachs assigned a Hold rating to Intel Corp (NASDAQ: INTC), with a price target of $39. The company’s shares opened today at $35.47.

According to TipRanks.com, Hari is a 4-star analyst with an average return of 24.1% and a 71.9% success rate. Hari covers the Consumer Goods sector, focusing on stocks such as Sunedison Semiconductor, Advanced Micro Devices, and Integrated Device Tech.

Currently, the analyst consensus on Intel Corp is Moderate Buy and the average price target is $38.94, representing a 9.8% upside.

In a report issued on July 13, Canaccord Genuity also reiterated a Hold rating on the stock with a $38 price target.

The company has a one year high of $38.45 and a one year low of $33.23. Currently, Intel Corp has an average volume of 21.81M.

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