As The Fly reports this morning, investment bank Citigroup trimmed its Intel price target from $22 to $21 per share, at the same time as HSBC upgraded the stock from reduce to hold.

Key Takeaways Intel shares added to recent gains Tuesday following a report last week that the company could be a takeover target. Rival chipmaker Broadcom is the most likely buyer, some analysts said,

A Bernstein analyst recommends avoiding Intel’s stock as takeover rumors have the potential to drive a rally, though “it doesn’t feel like a long either.”

Intel stock surged on rumors of a potential buyout involving Elon Musk, suggesting a 20%-30% premium. Click here to read more on the possible INTC buyout.

Intel faced fierce competition and strategic shifts last year. Is the company poised for a comeback in the near future?

A tech publication writes of the “near certainty” that a company is interested in buying Intel. But it’s not clear which one might fit the bill.

It’s not even Inauguration Day yet, but Donald Trump is making headlines across the financial world. Friday night he launched a meme coin – $TRUMP – that quickly skyrocketed to a fully diluted valuation of $75 billion.

Shares of Intel (NASDAQ: INTC) were a massive disappointment in 2024. Multiple missteps culminated with the surprise retirement of CEO Pat Gelsinger late last year, and the company is now led by interim co-CEOs without a clear strategy.

Shares of Intel (INTC) have trailed the broader markets by a significant margin in recent years. In fact, Intel stock touched an all-time high during the dot-com boom and has burnt investor wealth for over two decades.