Morgan Stanley Maintains Equal-Weight on Intel, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Equal-Weight rating on Intel (NASDAQ:INTC) and raised the price target from $35 to $39.
October 27, 2023 | 1:21 pm
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Morgan Stanley has maintained an Equal-Weight rating on Intel and raised the price target from $35 to $39, which could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Intel. This could lead to increased investor confidence and potentially an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100