Intel’s stock has more than tripled in roughly one month. Analysts have been scrambling to catch up. Deutsche Bank just moved its target by the most it has in over a year.

And the specific reason it gave for doing so is not what most investors are focused on when they talk about Intel right now.

What Deutsche Bank changed on Intel stock

Deutsche Bank analyst Ross Seymore raised his price target on Intel to $100 from $63 on May 12, maintaining a Hold rating, according to TipRanks. The prior $63 target had itself been raised from $45 just weeks earlier on April 24, meaning Deutsche Bank has now moved its Intel target from $45 to $100 in under three weeks, according to MarketBeat.

Seymore kept the Hold rating unchanged, a…