Why Intel Stock Was Moving Up Today
Shares of Intel (NASDAQ: INTC) were climbing Thursday, seemingly in response to its "AI Everywhere" event. The chipmaker also seems to have gotten a modest boost from the Federal Reserve's decision to keep interest rates steady yesterday and its dovish forecast for next year.
As of 12:45 p.m. ET, the stock was up 2.5% after climbing as much as 5.6% earlier in the trading session.
Image source: Getty Images.
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 €.
