Mizuho raised the firm’s price target on Intel (INTC) to $39 from $23 and keeps a Neutral rating on the shares. The firm sees improving investor sentiment for Intel following key partner investments and product engagements. However, it still sees some challenges for the company in the near-term with server share losses.
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>>
Read More on INTC: