Deutsche Bank Raises Intel Price Target to $30 Amid Market Volatility

Deutsche Bank raised its price target for Intel to $30 from $23, reflecting confidence in the company's recent financial and strategic initiatives aimed at strengthening its balance sheet and enhancing competitiveness in the chip market. Despite this upgrade, Deutsche Bank maintained a "Hold" rating on Intel, signaling cautious optimism among analysts. Intel's shares have surged approximately 40% in the past month and over 56% in six months, nearing a 52-week high. Key factors behind the positive outlook include equity raises involving Nvidia and U.S. government support, strategic investments from Nvidia and SoftBank, and discussions with Apple and Taiwan Semiconductor on potential partnerships. Other analysts have also adjusted their ratings and price targets, with some upgrading Intel from "Sell" to "Neutral" and others setting higher price targets, reflecting improving sentiment. Investors remain attentive to updates on Intel's foundry business and new strategic partnerships as potential drivers for future stock performance.