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Why Intel Stock Popped Today

TheMotleyFool 
0 0 13.08.26
Why Intel Stock Popped Today: https://g.foolcdn.com/editorial/images/883294/intel-cube-statue-with-intel-logo-outside-an-intel-building-is-intc.jpg
 

Intel (NASDAQ: INTC) stock jumped 4.6% through 12:30 p.m. ET Thursday. For this, you can thank the friendly bankers at Bank of America.

In a note out this morning discussing the state of the semiconductor market, BofA analyst Vivek Arya revised his forecast for growth in server CPU sales. Intel's primary product is CPUs -- and that's why the stock is up today.

Image source: Intel.

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Source Fool.com

Intel Corp. Stock

€92.18
1.590%
There is an upward development for Intel Corp. compared to yesterday, with an increase of €1.44 (1.590%).
Currently there is a rather positive sentiment for Intel Corp. with 46 Buy predictions and 25 Sell predictions.
However, we have a potential of -24.06% for Intel Corp. as the target price of 70 € is below the current price of 92.18 €.
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