Analysts revise Intel stock price target ahead of earnings report
Intel (NASDAQ: INTC) has doubled in value over the past six months, and Wall Street’s latest INTC stock price targets suggest the rally is far from over.Among the most recent analyst notes were Barclays’ $45 price target with a reiterated ‘Hold’ rating on January 16 and Jefferies matching forecast on January 15, which argued that Intel’s close ties to the artificial intelligence (AI) sector are going to be a significant tailwind.Slightly earlier, on January 13, KeyBanc upgraded Intel to ‘Overweight’ from ‘S ...