UBS Raises Intel's Price Target by 28% but Maintains Neutral Rating
UBS analyst Timothy Arcuri raised Intel's price target to $83 from $65, a 28% increase, following Intel's strong Q1 earnings. Despite the upward revision, UBS kept its Neutral rating, highlighting a disconnect between the price target and the recommendation. The move reflects growing optimism about Intel's recovery in the AI and foundry markets.
Tickers: $INTC $NVDA $TSM $UBS
Topics: Analyst Upgrade Intel Investor Sentiment Stock Price Target UBS