Seaport Global Turns Bullish on Intel (INTC), Citing Strong PC Signals and Foundry Progress

Intel Corporation (NASDAQ:INTC) is one of the Buzzing AI Stocks Analysts are Watching. On January 20, Seaport Global Securities analyst Jay Goldberg upgraded the stock to “Buy” from Neutral with a price target of $65. The firm is cautiously optimistic on the stock, noting that INTC is back on track, but a full turnaround at Intel Foundry (IFS) will take time. According to Seaport, there are strong signals for Intel’s PC products and a gradually improving outlook for Intel Foundry Services (IFS). Analysts ...