Stifel Just Hiked Intel's Target From $42 to $65: Has the Comeback Finally Arrived?

Stifel’s Ruben Roy raised Intel’s price target sharply to $65 from $42, a 55% increase, while maintaining a Hold rating. The move signals improved analyst confidence in Intel’s outlook, though the unchanged Hold stance tempers the bullishness.

Analysis

Stifel’s Ruben Roy raised Intel’s price target sharply to $65 from $42, a 55% increase, while maintaining a Hold rating. The move signals improved analyst confidence in Intel’s outlook, though the unchanged Hold stance tempers the bullishness.