We recently published 15 Fresh Stocks Jim Cramer Discussed. Intel Corporation (NASDAQ:INTC) is one of the stocks Jim Cramer discussed.
Chip making giant Intel Corporation (NASDAQ:INTC)’s shares are up by 18.7% over the past year. The stock has fared well after new CEO Lip-Bu Tan took over last year. January has been a busy month for the stock as far as analysts are concerned. For instance, UBS raised its stock price target for Intel Corporation (NASDAQ:INTC) to $49 from $40 and kept a Neutral rating on the shares. According to the investment bank, the semiconductor company can end up benefiting from a supply-constrained PC and server market. UBS added that while Intel Corporation (NASDAQ:INTC) could suffer from capacity problems in the first quarter of 2026, new product launches could help the firm as well. Jefferies also raised the share price target to $45 from $40 and kept a Hold rating. The financial firm outlined that production of the latest technology chip product could affect Intel Corporation (NASDAQ:INTC)’s margins. Cramer briefly mentioned the firm’s CEO:
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“People are realizing that Lip-Bu Tan has turned this company around. I remember I said that instead the President was going to fire him. The President says that he has a lot of people he wants to fire. . .”
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Disclosure: None. This article is originally published at Insider Monkey.