Mizuho Maintains Neutral on Intel, Lowers Price Target to $53

Mizuho analyst Vijay Rakesh maintains Intel (NASDAQ:INTC) with a Neutral and lowers the price target from $55 to $53.

Mizuho analyst Vijay Rakesh maintains Intel (NASDAQ:INTC) with a Neutral and lowers the price target from $55 to $53.

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When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.

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