Intel Corporation (INTC) Daiwa Capital Boosts Target by Over 20 Percent

Intel Corporation (INTC)

Analyst Update

Daiwa Capital Markets raised its 12 month price target for Intel to $50.00, up from $41.00, representing a meaningful increase of roughly 22% over the previous forecast, which is to catch up to the stock’s rapidly rising valuation. The updated target implies optimism about Intel’s improving outlook, potentially driven by better execution and outlook.  Overall, the move reflects increased confidence in Intel’s valuation and forward prospects, particularly compared with the firm’s earlier, more conservative assumptions.

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