Intel price target raised to $52 from $45 at Tigress Financial

Tigress Financial raised the firm’s price target on Intel (INTC) to $52 from $45 and keeps a Buy rating on the shares. The firm believes Intel is well positioned to benefit from accelerating demand for artificial intelligence-enabled PCs and data center solutions. It views the company’s partnerships with Nvidia (NVDA) and Microsoft (MSFT) to power next-generation AI infrastructure as “”transformative.”