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The latest picks from Wall Street's most accurate analysts included buy and neutral calls, with target increases for Broadcom and DocuSign and cuts for Ambarella and Intel. Xtend AI Robotics was also initiated at Buy.
Mizuho analyst Vijay Rakesh lowered Intel’s target to $92 from $109, a reduction of 15.6%. The note cites near-term multiple compression and more complex reasoning than a simple bearish warning.
Mizuho analyst Vijay Rakesh lowered his Intel (INTC) price target to $92 from $109 and kept a Hold view. He pointed to a possible benefit from rising demand for AI inference processors.
Mizuho cut its Intel target price to $92 from $109.