BUZZ-Intel rises after KeyBanc upgrade

Reuters
昨天
BUZZ-Intel rises after KeyBanc upgrade

** Shares of chipmaker Intel INTC.O rise 3.3% to $45.50 premarket

** KeyBanc upgrades stock to "overweight" from "sector weight" and sets Street high PT of $60

** Brokerage sees increased data-center demand from hyperscalers to be a major "tailwind"

** Seven of 45 brokerages rate the stock "buy" or higher, 31 "hold" and seven "sell" or lower; their median PT is $23-LSEG data

** INTC surged 84% in 2025

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com))

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