Morgan Stanley Maintains Equal-Weight on Intel, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore maintains an Equal-Weight rating on Intel (NASDAQ:INTC) and raises the price target from $31 to $38.

June 16, 2023 | 12:59 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on Intel and raises the price target from $31 to $38.
Morgan Stanley's decision to maintain an Equal-Weight rating on Intel and raise the price target from $31 to $38 indicates a positive outlook for the stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100