Roth Capital and Seaport Global downgrade Intel to Neutral from Buy
Dow Jones Newswires reports that Roth Capital cut its Intel price target to $70 from $120, while Seaport Global also moved the shares to Neutral.
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what happened
Roth Capital lowered its rating on Intel shares from Buy to Neutral and cut its price target to $70 per share from $120. Dow Jones Newswires reported this, citing ratings data from Benzinga. Seaport Global also downgraded the chipmaker from Buy to Neutral the same day.
Both decisions were published on October 30, 2026, with Roth's action logged at 10:36 GMT and Seaport's at 12:30 GMT.
why it matters
Two brokers lowering their ratings on the same day can weaken sentiment toward Intel stock, though individual rating changes usually have limited effect on the broader market. Investors will watch whether other analysts follow.
tags
instruments
sources
- Intel Cut to Neutral From Buy by Roth Capital — Dow Jones Newswires, 30 October 2026 at 10:36 UTC
- Intel Cut to Neutral From Buy by Seaport Global — Dow Jones Newswires, 30 October 2026 at 12:30 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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