Intel Is Now Undervalued Amid Q2 And Foundry Weakness (Rating Upgrade)

FinkAvenue Investors who have read my work before on Intel (NASDAQ:INTC) will know that I started with a Sell rating; since that analysis, INTC has lost 56%. In my following and second analysis of INTC, I put out a Hold rating because I considered it fairly valued; it's lost 30% since then following awful Q2 2024 results. Now, in my third analysis of INTC, my outlook has changed considerably, and I consider INTC a Buy, with a price target of $28 in 12 months, potentially indicating a 17.5% upside. Q2 2024 F ...