macro

Rosenblatt keeps Intel at Sell and cuts price target to $70 from $80

Rosenblatt kept its Sell rating on Intel and lowered its price target to $70 from $80. The new target implies a 24% downside from the October 29 close.

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what happened

Rosenblatt kept its Sell rating on Intel shares and cut its price target to $70 from $80, a 12.5% reduction. The new target implies a 24.0% downside from the October 29 close, when the stock ended at $92.07. The information was published by TradingView.

According to Benzinga data, the five most recent analyst notes on Intel over the past 30 days carried price targets between $72 and $100. Wells Fargo maintained Equal-Weight with an $80 target, Wedbush kept Neutral at $75, Truist Securities held its Hold at $72, RBC Capital stayed at Sector Perform with $75, and StoneX kept Buy with $100.

why it matters

For the broader market this is a routine update on a single company, and a revision of this size has little effect on major indexes. It does show that some analysts remain skeptical of Intel stock, and the wide spread of targets makes the outlook for the shares mixed.

tags

instruments

IntelINTC

sources

  1. Rosenblatt maintains Intel at Sell, lowers price target to $70 from $80 — TradingView, 30 October 2026 at 18:57 UTC

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