BUZZ-Intel climbs as brokerages raise PT

Reuters
2026.01.20 15:47
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Intel's shares rose 6.7% to $50.15 following upgrades from multiple brokerages. HSBC upgraded Intel to "hold" from "reduce" with a price target (PT) increase to $50 from $26. Seaport Research Partners upgraded to "buy" from "neutral," citing new products. Susquehanna raised its PT to $45 from $40. The average rating among 46 analysts is "hold" with a median PT of $23. Intel shares gained 84% in 2025.