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Institutions Substantially Hike Intel's Target Price, as JPMorgan Lifts Its Forecast from US$45 to US$85
1 day ago /
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Author：小编
Intel's business performance is on a continuous upward trajectory, with its fiscal second-quarter earnings significantly outstripping market expectations. For the quarter ending in June, sales soared to US$16.1 billion, marking a robust 25% year-on-year increase and surpassing analysts' projections by a notable 11%. In light of these impressive results, D.A. Davidson revised its target stock price upward, from US$77 to US$100. Meanwhile, JPMorgan also adjusted its target, raising it from US$45 to US$85.
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