Intel shares are trading higher after Raymond James maintained its Outperform rating on the stock and raised its price target from $48 to $54.
Portfolio Pulse from Benzinga Newsdesk
Intel's stock (INTC) is trading higher following Raymond James' decision to maintain an Outperform rating and increase the price target from $48 to $54.
January 19, 2024 | 5:35 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Intel Corporation's stock price is positively impacted by Raymond James' maintained Outperform rating and increased price target.
Analyst ratings and price target adjustments are significant indicators for investors, often leading to changes in stock price. The increase in price target by Raymond James suggests a bullish outlook on Intel, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100