A Wall Street analyst has raised the price target for Intel (NASDAQ: INTC) as the stock looks to sustain its explosive rally over the past year, driven by advances in the global semiconductor industry.
Specifically, Northland analyst Gus Richard increased the firm’s price target on Intel stock to $92 from $54 while maintaining an ‘Outperform’ rating. The new target implies a potential rally of nearly 50% from Intel’s press-time value of $63.
? Key Moments of the Match
23' - First goal by John Doe (Home team).
45+2' - Equalizer from penalty spot.
67' - VAR review disallows goal.
89' - Last-minute winner! Incredible scenes.