Rakuten Investment Management Increases Stake in Intel
Rakuten Investment Management grew its Intel holdings by 11.6% in the 2nd quarter, adding 130,662 shares. Legal & General Group Plc took a new position worth about $4.096B. Capital Research Global Investors and Capital World Investors also raised stakes, while Benchmark lifted its price target to $140 with a buy rating and JPMorgan raised its objective to $85 but kept an underweight view.