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Intel (INTC) PT Raised to $50 at UBS

April 1, 2024 5:07 AM EDT

UBS analyst Timothy Arcuri raised the price target on Intel (NASDAQ: INTC) to $50.00 (from $46.00) while maintaining a Neutral rating.

The analyst comments "INTC will be re-segmenting its P&L to align with a more distinct separation of its manufacturing and product... More