Analysts Offer Mixed Views on Intel and Salesforce Amid Neutral Ratings
Analysts have weighed in on two prominent technology companies, Intel (INTC) and Salesforce (CRM), with neutral ratings.
Arcuri from UBS maintained a Hold rating on Intel with a price target of $112.00, noting the company's shares closed last Wednesday at $101.41.
This follows a report by Stifel Nicolaus, which also maintained a Hold rating on the stock with a $110.00 price target.
Arcuri is a top 25 analyst with an average return of 54.0% and a 77.4% success rate.
In contrast, Intel has an analyst consensus of Hold, with a price target consensus of $118.93, representing a 17.4% upside from current levels.
For Salesforce (CRM), UBS analyst Karl Keirstead maintained a Hold rating on the company and set a price target of $210.00, noting the shares closed last Wednesday at $193.10.
This is consistent with a report by Wells Fargo, which also assigned a Hold rating to the stock with a $205.00 price target.