Here's Why Intel Shares Are Moving

Intel Corporation INTC shares are trading higher by 2.82% to $30.04 going into the close of Monday's session. The stock is moving higher after Truist Securities raised its price target from $29 to $33.

What Else?

Intel shares are potentially trading higher in sympathy with major indices amid strength in tech stocks. Additionally, Barclays upgraded its ratings on multiple stocks in the broader semiconsuctor sector. Elliott Management reportedly took a multi-billion dollar stake in Salesforce, lifting market sentiment.

See Also: Why Roku Shares Are Moving Following Netflix's Earnings Report

According to data from Benzinga Pro, Intel Corporation has a 52-week high of $54.08 and a 52-week low of $24.59.

Posted In: Newswhy it's moving
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...