Benchmark Maintains Buy on Intel, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Cody Acree has maintained a Buy rating on Intel Corporation (NASDAQ:INTC) and increased the price target from $42 to $52.
December 05, 2023 | 3:26 pm
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Benchmark analyst Cody Acree maintains a Buy rating on Intel and raises the price target from $42 to $52, indicating a positive outlook on the stock.
The increase in price target by Benchmark analyst Cody Acree suggests a strong conviction in Intel's future performance. This positive analyst action can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100