JPMorgan analyst Harlan Sur raised the firm’s price target on Intel (INTC) to $30 from $21 and keeps an Underweight rating on the shares. The company’s Q3 results and guidance point to solid near-term execution, the analyst tells investors in a research note. The firm says customer demand in Intel’s product business is more favorable than expected for the second half of 2025. However, JPMorgan still sees challenges to the company’s long-term fundamentals.
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