Raymond James Maintains Outperform on Intel, Raises Price Target to $54
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 $48 to $54, indicating a positive outlook on the company's stock.
January 19, 2024 | 3:42 pm
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Raymond James analyst Srini Pajjuri has reaffirmed Intel's Outperform rating and raised the price target to $54, suggesting confidence in the company's future performance.
The increase in price target by Raymond James reflects a positive assessment of Intel's future performance, which could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100