Bank of America Maintains Intel Buy Rating, $160 Price Target on July 24

INTC-2.27%
According to BlockBeats, Bank of America maintained its buy rating and $160 price target for Intel (INTC) on July 24. The bank attributed the bullish outlook to the company's second-quarter earnings beat and raised guidance. Intel's data center revenue grew 59% year-over-year, marking the highest rate in 15 years.
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