Intel Corporation (NASDAQ:INTC) was upgraded by equities researchers at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research note issued to investors on Friday.
A number of other analysts have also recently commented on the company. Credit Suisse Group lifted their price objective on Intel Corporation to $45.00 in a research report on Friday. Needham & Company LLC lifted their price target on Intel Corporation to $43.00 in a report on Friday. B. Riley restated a “buy” rating and issued a $44.00 price target on shares of Intel Corporation in a report on Friday. Mizuho restated an “in-line” rating on shares of Intel Corporation in a report on Friday. Finally, Cowen and Company restated a “market perform” rating on shares of Intel Corporation in a report on Friday. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and thirty have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $40.19.
Source: American Banking and Market News