Why Intel Stock Slipped on Monday
After a torrid September rally, a cautious price target and some profit-taking pressured the shares.Shares of Intel (INTC -2.34%) fell as much as 5% on Monday and, as of this writing, were down only about 3.2%. There didn't appear to be any new company-specific announcement driving the move. Rather, the decline appears to be a breather after a sharp September rally. Analyst caution meets a hot tapeOne fresh input was a tempered analyst view for the stock: An analyst from Deutsche Bank reiterated a hold rati ...