Shares of Intel Corp (NASDAQ:INTC) climbed in early trading on Friday, after the company reported upbeat third-quarter results.

Here are some key analyst takeaways:

Rosenblatt Securities analyst Kevin Cassidy reiterated a Sell rating, and raisd the price target from $14 to $25.

Wedbush analyst Matt Bryson maintained a Neutral rating, while lifting the price target from $20 to $30.

Benchmark analyst Cody Acree reaffirmed a Buy rating, while taking the price target higher from $43 to $50.

BofA Securities analyst Vivek Arya maintained an Underperform rating and a $34 price target.

Needham analyst Quinn Bolton reiterated a Hold rating on the stock.

Check out other analyst stock ratings.

Rosenblatt Securities: Intel made "solid progress" in the third quarter. Cassidy noted balance sheet improvements, rising client and server CPU demand and ongoing cost reductions. The company reported revenues of $13.7 billion, beating consensus of $13.2 billion, he added.

Core market demand strengthened revenues "with AI adoption continuing to fuel renewed growth in traditional compute segments such as cloud and edge," the analyst stated. The midpoint of management's fourth-quarter revenue guidance of $13.3 billion came in above consensus of $13.4 billion, he further stated.

Wedbush: Better-than-expected demand for PC and ...