Intel Corp Gets a Hold Rating from Credit Suisse

By Jason Carr

In a report issued on July 28, John Pitzer from Credit Suisse maintained a Hold rating on Intel Corp (NASDAQ: INTC), with a price target of $35. The company’s shares closed on Friday at $35.31.

According to TipRanks.com, Pitzer is a 3-star analyst with an average return of 14.3% and a 66.7% success rate. Pitzer covers the Consumer Goods sector, focusing on stocks such as Advanced Micro Devices, Rudolph Technologies, and NXP Semiconductors.

Currently, the analyst consensus on Intel Corp is Moderate Buy and the average price target is $38.94, representing a 10.3% 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 21.73M.

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