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Wall Street Analysts Are Neutral on Top Technology Picks

Tipranks - Sat Apr 25, 11:38AM CDT

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 26.0% and a 70.2% success rate. Quatrochi covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, Allegro MicroSystems, and NXP Semiconductors. ;'>

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 7.8% and a 47.8% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Advanced Micro Devices, and Palantir Technologies. ;'>

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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