The drop this morning in Intel Stock caused by the departure of CEO Brian Krzanich is being made worse this morning by a downgrade by Nomura Instinet which lowered its outlook to $55 on the stock from $60 and rates the stock neutral from buy.
That has shifted the overall ratings by analysts.
Intel stock was rated a strong buy from 10 analysts last week. Today it is rated a strong buy from just 5 analysts. 17 analysts have now rated the stock a buy and 11 analysts who follow the stock rate it a hold. Only 1 analysts has the stock rated as a sell and 2 have it rated as underperform.
This article is an analysis of Intel Stock this morning along with its outlook into the summer and early fall period for 2018. It includes new trades being setup and outlines on the handling of existing trades.
The rest of this Intel Stock strategy article is for FullyInformed Members.
Intel Stock Downgraded By Nomura Adds To Leadership Woes – Analysis and Outlook – Jun 25 2018
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.
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