BNP Paribas initiates Intel With Outperform

Analysts at BNP Paribas initiated coverage on Intel Corporation INTC with a Outperform rating. The target price for Intel is set to $42. Intel shares have gained 39.71% over the past 52 weeks, while the S&P 500 index has surged 14.22% in the same period. Intel shares jumped 0.58% to close at $34.41 on Friday.