Cantor Fitzgerald cuts price targets on Reddit and Intel, keeps Neutral ratings
Cantor Fitzgerald kept Neutral ratings on Reddit and Intel while lowering price targets to $120 and $90, according to TradingView citing Benzinga data.
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what happened
Cantor Fitzgerald left its Neutral rating on Reddit unchanged and cut the price target from $170 to $120, a reduction of 29.4%. According to TradingView, the new target implies a 7.4% decline from the October 29 close of $129.60.
For Intel, the bank also kept a Neutral rating but reduced its target from $125 to $90, a 28.0% cut. The target points to a 2.2% drop from the October 29 close of $92.07. Across the five most recent analyst notes on Intel over the past 30 days, targets range from $70 to $100.
why it matters
Price target revisions reflect changes in analysts' estimates and usually have limited market impact on their own. Investors tend to focus more on company earnings, guidance and broader sector trends. This material is informational and is not investment advice.
tags
instruments
sources
- Cantor Fitzgerald maintains Reddit at Neutral, lowers price target to $120 from $170 — TradingView, 30 October 2026 at 11:02 UTC
- Cantor Fitzgerald maintains Intel at Neutral, lowers price target to $90 from $125 — TradingView, 30 October 2026 at 11:08 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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