Deutsche Bank says Intel's strategic transformation will take time, maintains "hold" rating.

According to the Zhtng Cijng APP, Deutsche Bank has resumed tracking research reports on Intel (INTC.US) and reminded investors to maintain strategic patience. Analyst Ross Seymore pointed out that although the appointment of new CEO Liwu Chen and his plan to reshape the company's strategy have injected confidence into the market, the specific execution will face significant challenges and require long-term investment. Deutsche Bank maintains a "hold" rating on Intel and has set a target price of $23.