Mizuho Hikes Intel Price Target to $124 as Agentic AI Server Demand Validates the Turnaround

Mizuho raised its Intel price target to $124 from $100 while keeping a Neutral rating, citing continued server demand driven by agentic AI. The higher target is a modest positive signal for sentiment, but the unchanged rating suggests a cautious stance on the stock's near-term upside.

Analysis

Mizuho raised its Intel price target to $124 from $100 while keeping a Neutral rating, citing continued server demand driven by agentic AI. The higher target is a modest positive signal for sentiment, but the unchanged rating suggests a cautious stance on the stock's near-term upside.