Benchmark Maintains Buy on Intel, Raises Price Target to $62
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 $52 to $62.
January 26, 2024 | 5:30 pm
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POSITIVE IMPACT
Benchmark analyst Cody Acree maintains a Buy rating on Intel and raises the price target from $52 to $62, 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 could lead to increased investor confidence and a potential short-term rise in Intel's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100