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Intel shares surge 212% since last December to reach $113

TIKR ·

INTC Intel Corp
$107.15 -5.28%
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  1. 1Intel shares closed at $113 on October 7, marking a 212% increase since last December.
  2. 2Intel's Q2 revenue of $16.1 billion exceeded the midpoint of its Q2 guidance by $1.8 billion.
  3. 3The average analyst price target of $118 is 4% higher than the current share price.

So what's the key point?

Intel's revenue was $1.8 billion higher than expected. Experts believe the stock price will rise slightly from its current level.

Source TIKR · View original ↗

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