Tigress Financial analyst Ivan Feinseth lowered the firm’s price target on Intel to $46 from $72 and keeps a Buy rating on the shares. The firm says Intel “continues to be a significant value with many upside catalysts ahead.” The firm says the increasing incorporation of machine learning and generative artificial intelligence creates significant opportunities for Intel.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on INTC:
- FormFactor price target raised to $50 from $40 at Craig-Hallum
- Intel Stock: Momentum Merits a Higher Price Target, Says Raymond James
- Intel, Flapmax partner to accelerate AI innovation in Africa
- Opening Day: Blockchain company Earlyworks debuts on Nasdaq
- Intel (NASDAQ:INTC) Jumps as Analysts Praise Strong Q2 Performance