Bank of America upgraded Intel from Underperform to Buy with a $135 price target after the stock quintupled, citing $40B server CPU revenue potential by

Intel stock scored a double upgrade on Thursday after an analyst reassessed the chipmaker's outlook. BofA now rates Intel as a buy.

Bank of America upgraded Intel from Underperform to Buy with a $135 price target after the stock quintupled, citing $40B server CPU revenue potential by