TD Cowen Boosts Intel Price Target to $60

Analysts see potential upside in chip maker's stock despite 'hold' rating

Apr. 10, 2026 at 1:58pm

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An extreme close-up of complex, interlocking gears and mechanical components in shades of gunmetal grey and steel blue, conceptually representing the powerful industrial infrastructure of a major semiconductor manufacturer.Analysts see potential upside in Intel's stock despite a 'hold' rating, as the company's industrial-scale semiconductor manufacturing capabilities continue to evolve.Santa Clara Today

Equity researchers at TD Cowen have raised their price target on Intel (NASDAQ:INTC) shares from $50 to $60, though they maintained a 'hold' rating on the stock. The new target suggests a potential downside of 4.95% from the company's previous close.

Why it matters

Intel is one of the world's largest and most influential semiconductor companies, so changes to its stock price targets by major analysts can impact investor sentiment and the broader tech sector. While the 'hold' rating indicates analysts see limited near-term upside, the higher price target suggests they believe Intel shares have room to rise over the longer term.

The details

In a research report issued on Friday, TD Cowen analysts boosted their price objective on Intel from $50 to $60. The firm currently has a 'hold' rating on the chip maker's stock. The new $60 target price represents a potential downside of 4.95% from Intel's previous closing price.

  • The research report was issued on Friday, April 10, 2026.

The players

TD Cowen

An equity research firm that covers Intel and other technology companies.

Intel Corporation

A leading global designer and manufacturer of semiconductor products, including processors and chipsets for personal computers and data centers.

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The takeaway

While the 'hold' rating indicates limited near-term upside, the higher price target suggests analysts see potential for Intel shares to rise over the longer term as the company navigates industry challenges and opportunities.