Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Intel (INTC) and Prosus (PROSF).
Intel (INTC)
In a report released today, Stacy Rasgon from Bernstein maintained a Sell rating on Intel, with a price target of $43.00. The company’s shares closed last Friday at $57.36.
According to TipRanks.com, Rasgon is a 3-star analyst with an average return of 6.8% and a 56.6% success rate. Rasgon covers the Technology sector, focusing on stocks such as Analog Devices, Lam Research, and Nvidia.
Intel has an analyst consensus of Hold, with a price target consensus of $65.52.
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Prosus (PROSF)
In a report released yesterday, John Kim-sa from UBS maintained a Buy rating on Prosus, with a price target of EUR116.00. The company’s shares closed last Thursday at $105.08.
Kim-sa has an average return of 2.4% when recommending Prosus.
According to TipRanks.com, Kim-sa is ranked #5124 out of 7547 analysts.
Prosus has an analyst consensus of Strong Buy, with a price target consensus of $147.79, representing a 40.6% upside. In a report issued on May 27, Barclays also maintained a Buy rating on the stock with a EUR103.00 price target.
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