Intel and Salesforce Analysts Offer Neutral Views Amid Tech Sector Volatility
Analysts from UBS and Stifel Nicolaus have weighed in on Intel (INTC) with neutral ratings. Timothy Arcuri from UBS maintained a Hold rating on Intel, with a price target of $112.00. The company's shares closed last Wednesday at $101.41.
Arcuri is a top 25 analyst with an average return of 54.0% and a 77.4% success rate. He covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Ultra Clean Holdings, and ARM Holdings PLC ADR.
Intel has an analyst consensus of Hold, with a price target consensus of $118.93, which is a 17.4% upside from current levels.
On the other hand, analysts are more bullish on Salesforce (CRM). UBS analyst Karl Keirstead maintained a Hold rating on Salesforce today and set a price target of $210.00. The company's shares closed last Wednesday at $193.10.
Keirstead is a 5-star analyst with an average return of 14.8% and a 63.7% success rate. He covers the Technology sector, focusing on stocks such as Palantir Technologies, ServiceNow, and Microsoft.