Wall Street Analysts Are Neutral on Top Technology Picks
Analysts fell to the sidelines weighing in on Maxlinear (MXL) and Intel (INTC) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Maxlinear (MXL)
Wells Fargo analyst Joseph Quatrochi maintained a Hold rating on Maxlinear today and set a price target of $42.00. The company’s shares closed last Friday at $61.55.
According to TipRanks.com, Quatrochi is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maxlinear with a $47.67 average price target, implying a -11.7% downside from current levels. In a report issued on April 18, TipRanks – Google also downgraded the stock to Hold with a $28.00 price target.
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Intel (INTC)
D.A. Davidson analyst Gil Luria maintained a Hold rating on Intel today and set a price target of $77.00. The company’s shares closed last Friday at $81.36.
According to TipRanks.com, Luria is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $74.81 average price target, representing a -9.0% downside. In a report issued on April 20, Exane BNP Paribas also upgraded the stock to Hold with a $60.00 price target.
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