Tigress Financial Partners increased its price target for Intel (INTC) to $145 from $118. The firm reaffirmed a "Buy" rating on the stock. The new target suggests a potential upside of nearly 50% from its recent trading price.
The firm attributes its positive outlook to an accelerating, AI-driven recovery in Intel's business. Analysts highlighted strong performance and demand within the Data Center and AI (DCAI) division. They noted the growing importance of AI inference restores the strategic value of CPUs. This trend also accelerates growth in Intel's data center segment.