Why Intel Stock Just Popped
Intel (NASDAQ: INTC) stock jumped 4.2% through 11 a.m. ET on Tuesday after Wells Fargo analyst Aaron Rakers raised his price target on rival Advanced Micro Devices (NASDAQ: AMD) stock to $615 per share this morning.
Rakers didn't specifically mention Intel in the note, but what he did say seems to be getting investors more excited about the stock he didn't mention than the one he did. (AMD shares are up only 3.6%.)
Image source: Intel.
Source Fool.com
Intel Corp. Stock
€78.19
-0.780%
Currently there is a rather positive sentiment for Intel Corp. with 47 Buy predictions and 24 Sell predictions.
However, we have a potential of -5.36% for Intel Corp. as the target price of 74 € is below the current price of 78.19 €.
