Intel stock price (INTC) faces Tuesday test after analyst calls turnaround a “show me” story
Intel shares closed up 0.6% at $46.79 on Friday ahead of the Presidents Day market holiday. D.A. Davidson initiated coverage at Neutral with a $45 target, citing optimism already priced in. Intel faces pressure after a weak outlook and is pushing into AI chips and foundry services. The company recently partnered with SoftBank and Google on memory and security technology.