DA Davidson Raises Intel Price Target to $77
DA Davidson analyst Gil Luria raised the price target on Intel (NASDAQ: INTC) to $77.00 (from $45.00) while maintaining a Neutral rating.
“We maintain our NEUTRAL rating and raise our price target to $77 from $45 on INTC following strong 1Q26 earnings that were highlighted by a significant beat on top and bottom-line expectations.
Results in the quarter reflect the growing importance of CPUs and advanced packing.
We view the recent Terafab announcement as a proof point that Intel is likely to see continued customer acquisition as the United States demands more domestic semiconductor manufacturing.”
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