Intel (INTC) PT Raised to $58 at Barclays

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BMO Capital Reiterates Outperform Rating on Intel (INTC)

March 24, 2021 7:15 AM EDT

BMO Capital analyst Ambrish Srivastava reiterated an Outperform rating and $75.00 price target on Intel (NASDAQ: INTC). Intel is doubling down on its manufacturing and will invest $20B in two new fabs.

Intel provided 2021 guidance as well as some color into 1Q21. Intel expects... More