JPMorgan Cuts Intel (INTC) to Neutral, Concerned Margins Are Peaking
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Price: $92.13 -0.72%
Rating Summary:
24 Buy, 39 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
24 Buy, 39 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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JPMorgan's Christopher Danely downgraded shares of Intel (NASDAQ: INTC) from Overweight to Neutral Tuesday morning. Danely maintained a $25 price target.
The analyst believes Intel's margins could be peaking. He recommends additional exposure within the Semi space.
Shares of Intel last traded at $25.05, down nearly 0.4 percent in pre-market action Tuesday.
For an analyst ratings summary and ratings history on Intel click here. For more ratings news on Intel click here.
The analyst believes Intel's margins could be peaking. He recommends additional exposure within the Semi space.
Shares of Intel last traded at $25.05, down nearly 0.4 percent in pre-market action Tuesday.
For an analyst ratings summary and ratings history on Intel click here. For more ratings news on Intel click here.
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