Why Intel Stock Just Popped
2026-06-30 11:36:09 ET
Intel (NASDAQ: INTC) stock jumped 4.2% through 11 a.m. ET on Tuesday after Wells Fargo analyst Aaron Rakers raised his price target on rival Advanced Micro Devices (NASDAQ: AMD) stock to $615 per share this morning.
Rakers didn't specifically mention Intel in the note, but what he did say seems to be getting investors more excited about the stock he didn't mention than the one he did. (AMD shares are up only 3.6%.)
Image source: Intel.
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