Morgan Stanley raises Intel target but prefers these chip stocks more

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Go back to Morgan Stanley raises Intel target but prefers these chip stocks more

Lynx Equity on Intel (INTC), raising PT to $90: 'we think there is further upside to the stock. Why do we think so?'

April 22, 2026 7:38 AM EDT

(Updated - April 22, 2026 7:39 AM EDT)

Lynx Equity on Intel (NASDAQ: INTC): 'we think there is further upside to the stock. Why do we think so?'

The analyst comments "Going into the INTC earnings call tomorrow, the notion of traditional server CPUs as drivers of Agentic AI is largely priced into the stock, in our view. If server strength during the quarter was all there is to it, we may have looked to taking profits into the event, the stock having achieved our recently established PT of $70. But we... More