“Aggressive Pursuit”: Intel Stock (NASDAQ:INTC) Gains Ground With Deutsche Bank Price Target Shift
Chip stock Intel (INTC) landed another piece of good news today as Deutsche Bank analysts shifted their price target. They left the rating alone, granted, but the price target got a bump. The reasons behind the price target bump were even better, and gave Intel stock a boost accordingly. Investors liked what they saw, and sent shares up nearly 1.5% in Tuesday afternoon’s trading.
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Deutsche Bank kept the rating on Intel as a Hold, joining 26 other analysts who felt the same way. But it did raise the price target up, and in a pretty big way….