Intel shares are trading higher after Northland Securities upgraded the stock from Market Perform to Outperform and announced a $120 price target.

Intel shares are trading higher after Northland Securities upgraded the stock from Market Perform to Outperform and announced a $120 price target.

Shares of software companies are trading lower, possibly in response to escalating tensions in the Middle East and renewed inflation concerns that may shift the Fed towards a rate hike. Concerns about key economic data due later this week may prompt traders to rotate out of growth stocks.

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