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HSBC Doubles Intel Price Target to $200, Implying 129% Upside, Citing Intel Foundry Services Valuation
HSBC analyst Frank Lee raised Intel's price target from $100 to $200, maintaining a Buy rating, which is now the highest on Wall Street. The upgrade is attributed to the first-time inclusion of Intel Foundry Services in HSBC's valuation model. Intel's stock currently trades at $87.26, having plunged 16% last week despite Q2 revenue beating consensus.
Source：Yahoo财经 · Source Link
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