Bank of America cuts price targets on Intel and Nvidia shares
B of A Securities lowered its Intel price target to $80 from $100 and its Nvidia target to $280 from $350, Dow Jones Newswires reports.
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what happened
Analysts at B of A Securities reduced their price target for Intel shares to $80 from the previous $100. Dow Jones Newswires reported the change, citing ratings data from Benzinga.
For Nvidia shares, the same bank cut its target to $280 from $350.
why it matters
Target revisions from individual analysts usually do not change the overall picture for a stock, but they show how one bank now values two large chipmakers. Investors should keep in mind that such ratings reflect the view of a single firm rather than a market forecast.
tags
instruments
sources
- Intel Price Target Cut to $80.00/Share From $100.00 by B of A Securities — Dow Jones Newswires, 12 November 2026 at 17:48 UTC
- Nvidia Price Target Cut to $280.00/Share From $350.00 by B of A Securities — Dow Jones Newswires, 12 November 2026 at 17:57 UTC
- Avnet Price Target Cut to $110.00/Share From $115.00 by B of A Securities — Dow Jones Newswires, 13 November 2026 at 13:51 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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