Intel Corporation (NASDAQ:INTC) is one of the best fast growth stocks to buy according to hedge funds.
On June 26, Goldman Sachs initiated coverage of the stock with a Neutral rating and $150 price target
The firm anticipates favorable trends in the server CPU market driven by agentic AI along with upside potential from Intel’s foundry business. However, it also believes that the stock’s recent rally has priced in much of this optimism. On June 23, BofA Securities analyst Vivek Arya raised the price target on the stock to $160.00 (from $135.00) while maintaining a Buy rating.
Mizuho also raised its price target on Intel Corporation (NASDAQ:INTC) a day earlier to $135 from $128, keeping the Neutral rating unchanged. The firm cited Intel’s growing strength in advanced chip packaging as a potential long-term revenue driver. The revision came after Mizuho hosted an expert call on advanced packaging, where analysts examined how chipmakers are racing to find new ways to connect and stack chips together.