Weekly Recap | Intel +7.45%, Altera IPO plans in focus
Weekly Review·
- Intel accumulated a 7.45 % increase to close at 102.94 USD this week, outperforming the S & P 500 index.
- Key events involved Piper Sandler initiating coverage and Altera preparing for an IPO as early as 2026 to raise over 2 billion USD.
- Market participants held divergent views, with 53 institutions assigning a consensus buy rating and a target price of 115.74 USD.