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Intel (NASDAQ: INTC) stock’s remarkable 250% rise from its 52-week low of $18.25 to its press time price of $66.
BNP Paribas upgraded Intel from 'Sell' to 'Neutral' with a $60 price target.
KEY POINTS
- The upgrade is driven by optimism about Intel's 14A process node and AI server chip demand.
- Despite the stock's 250% rise, most Wall Street analysts still rate Intel as 'Hold'.
- Recent analyst forecasts for Intel's price range widely, from $30 to $92 over 12 months.
- Only four out of fifteen recent analyst notes rated Intel as a 'Buy' despite recent gains.
COMPANIES
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