Intel price target raised to $66 from $52 at Tigress Financial

Tigress Financial raised the firm’s price target on Intel (INTC) to $66 from $52 and keeps a Buy rating on the shares. The firm cites the company’s AI data center tailwinds for the target boost. In addition, the AI PC refresh further advances Intel’s turnaround “into an increasingly compelling multi-year upside story,” the analyst tells investors in a research note. Tigress views the recent pullback in the shares as a “significant buying opportunity.”