Stifel raised the firm’s price target on Intel (INTC) to $24.50 from $21 and keeps a Hold rating on the shares ahead of the company’s earnings report due Thursday, which the firm notes will represent Lip-Bu Tan’s second earnings call and his full-quarter results as CEO. The firm is “optimistic” and anticipates the second half of 2026 into the first half of 2027 as “the window of more material inflection,” contingent on execution, but maintains a Hold rating until catalysts materialize.
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