Rating
Hold
Price target
$65
Previous
$42
Implied downside
-5%

Stifel analyst Ruben Roy raised the price target on Intel (NASDAQ: INTC) to $65.00 (from $42.00) while maintaining a Hold rating.

“INTC is a separate, longer-duration thesis: 18A yield progress and a Lip-Bu Tan-led foundry repositioning are noteworthy, but near-term gross margins anchored in the low-to-mid 30s% and a largely absent AI compute strategy (for now) continue to point us in the direction of opportunities elsewhere.”

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Share

Share on
Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.