Analysts have been eager to weigh in on the Technology sector with new ratings on Intel (INTC – Research Report) and Prosus (PROSF – Research Report).
Morgan Stanley analyst Joseph Moore maintained a Sell rating on Intel on January 27 and set a price target of $29.50. The company’s shares closed last Friday at $28.16, close to its 52-week low of $24.59.
According to TipRanks.com, Moore is a 5-star analyst with an average return of
Currently, the analyst consensus on Intel is a Hold with an average price target of $27.51, implying a 1.6% upside from current levels. In a report issued on January 18, Bernstein also maintained a Sell rating on the stock with a $23.00 price target.
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Barclays analyst Andrew Ross maintained a Hold rating on Prosus today and set a price target of EUR88.00. The company’s shares closed last Thursday at $83.51, close to its 52-week high of $85.00.
According to TipRanks.com, Ross is ranked #5388 out of 8305 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Prosus with a $97.16 average price target.
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