Intel price target raised to $65 from $60 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Intel (INTC) to $65 from $60 and keeps a Neutral rating on the shares. Despite expectations for PC shipments to decline in CY26, Intel Products revenue is expected to grow due to strong pricing tailwinds, especially in server CPUs, and improving supply dynamics through the year, the analyst tells investors in a research note.