Raymond James Maintains Outperform on Intel, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Srini Pajjuri has maintained an Outperform rating on Intel Corporation (NASDAQ:INTC) and increased the price target from $42 to $48.
December 12, 2023 | 2:22 pm
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Raymond James analyst Srini Pajjuri has reaffirmed an Outperform rating on Intel and raised the price target to $48.
The increase in price target by Raymond James is a positive signal to investors, suggesting a bullish outlook on Intel's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price.
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