Shares of Intel Corp (Symbol: INTC) have surpassed the average analyst 12-month target price of $31.27, trading at $31.44 per share. This movement raises the question of whether analysts will downgrade their price target or adjust it higher based on the company’s performance.
Currently, there are 28 analyst targets for Intel, with a low of $17.00 and a high of $45.00. The standard deviation of these targets is $5.139. Of the recent analyst ratings, there are 3 strong buys, 2 buys, 21 holds, 1 sell, and 3 strong sells, yielding an average rating of 2.97 on a scale where 1 is Strong Buy and 5 is Strong Sell.
