Morgan Stanley Lifts Intel (INTC) to $41, Flags Near-Term Foundry Constraints
We recently published an article titled 13 Best Internet of Things (IoT) Stocks to Buy Now. On January 26, Morgan Stanley raised its price target on Intel Corporation (NASDAQ:INTC) to $41 from $38 while maintaining an Equal Weight rating. Although fourth-quarter results exceeded expectations, the firm characterized first-quarter guidance as constrained by meaningful supply limitations, which could weigh on customer confidence in Intel’s foundry execution and near-term operational consistency. On January ...