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This Intel Analyst Turns Bullish On Return To 'The Right Path'

Benzinga·01/20/2026 15:58:46
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There are "strong signals" for Intel Corp's (NASDAQ:INTC) PCs products, while the outlook for Intel Foundry (IFS) is improving, according to Seaport Research Partners.

The Intel Analyst: Analyst Jay Goldberg upgraded the rating from Neutral to Buy, while establishing a price target of $65.

The Intel Thesis: The company’s new Panther Lakes products are likely to drive improvement for Intel Products in the near term, Goldberg said in the upgrade note.

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Recent conversations continue to indicate "strong signals" from PC OEMs (original equipment manufacturers) and ODM (original design manufacturers) for the latest products from Intel, he added.

The company should be able to regain market share in enterprise and consumer products in 2026, the analyst stated.

"While Intel is not out of the woods in terms of competitiveness, the strong showing for Panther Lake shows the company is at least back on the right path," he further wrote.

HSBC analyst Frank Lee also upgraded Intel from Reduce to Hold and raised the price target from $26 to $50.

INTC Price Action: Shares of Intel had risen by 4.61% to $49.12 at the time of publication on Tuesday.

Intel shares closed at $46.99 on Friday.