Barclays Lowers Intel's Price Target to $19 Amid Trade and Tariff Issues

Reported 1 day ago

Barclays has reduced its price target for Intel Corporation (INTC) from $23 to $19, maintaining an 'Equal Weight' rating. This decrease reflects updated models that take into account the potential impacts of tariffs and the ongoing trade war, specifically ahead of Intel's Q1 earnings. Despite challenges, analysts remain mixed on INTC, highlighting its position amid a wider analysis of AI stocks that are generating significant investor interest.

Source: YAHOO

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