KeyBanc Says Intel Has Made ‘Significant Progress.’ Does That Make INTC Stock a Buy Here?

Intel (INTC) shares have been in a sharp uptrend over the past five months, but a senior KeyBanc analyst believes “significant progress” in the foundry business could push them up further in 2026. On Tuesday, John Vinh raised his rating on the semiconductor firm to “Overweight” and announced a $60 price objective indicating potential upside of another 30% from here. More News from Barchart Vinh’s bullish call is significant given it suggests the investment firm believes Intel stock, despite a meteoric ...