Morgan Stanley Raises Intel Target to $56

Morgan Stanley increased Intel price target to $56 from $41, citing stronger server demand and higher earnings expectations.
Analysts lifted Intel's 2027 earnings estimate to $1.34 per share and project 30% YoY data‑center revenue growth to $21.8 bn in 2026.
Despite target hike, Morgan Stanley kept Equal‑weight rating on Intel, flagging weak server roadmap and doubts on foundry ambitions.
The firm rates memory makers Micron and SanDisk Overweight, viewing them as the best risk‑reward play for AI‑driven CPU demand.