UBS Analysts Offer Neutral Ratings on Intel and Salesforce
Analysts weighing in on two tech companies have offered neutral ratings, indicating neither optimism nor pessimism about their stocks. In separate reports, analysts Timothy Arcuri from UBS and Karl Keirstead from the same firm maintained Hold ratings on Intel (INTC) and Salesforce (CRM), respectively.
Arcuri, who has a top 25 analyst ranking with an average return of 54.0% and a 77.4% success rate, set a price target of $112.00 for Intel shares, which closed last Wednesday at $101.41. The company's analyst consensus is Hold, with a price target consensus of $118.93, representing a 17.4% upside from current levels.
Keirstead, a 5-star analyst with an average return of 14.8% and a 63.7% success rate, set a price target of $210.00 for Salesforce shares, which closed last Wednesday at $193.10. The company's analyst consensus is Moderate Buy, with an average price target of $240.18, representing a 25.1% upside.