Why Intel Stock Climbed While the Market Fell Today

Many tech stocks sank in the light gloom that was the equity market on Monday. One exception was that chipmaking mainstay, Intel (INTC 0.79%). The company's share price saw an uptick of just under 1%, thanks to an analyst's modest yet still positive price target adjustment. By comparison, the uninspired S&P 500 index sagged by 0.2% on the day.A raise in price target, but not recommendationBefore market open, UBS' Timothy Arcuri made the change. He added $4 per share to his Intel price target for a new level ...