Intel's target price was significantly raised by institutions.

D.A. Davidson raised its target price for Intel from $77 to $100, while Morgan Stanley raised its target price from $45 to $85. Intel's business continues to improve, with its second quarter financial report far exceeding investor expectations. Intel's revenue for the quarter ending in June was $16.1 billion, a 25% increase from the same period last year, surpassing analysts' expectations by 11%.