Intel Stock (INTC) Price Target Increased Following Strategic Developments

Reported 2 days ago

Intel Corporation (NASDAQ:INTC) has seen an increase in its price target to $30 per share, as reported by Deutsche Bank, reflecting the company's strategic maneuvers including equity raises and collaborations with Nvidia. Analysts note that these actions indicate Intel's aggressive efforts to enhance its balance sheet and invest in its product roadmap and Foundry Services amidst market challenges.

Source: YAHOO

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