Intel (INTC) Faces ‘Show-Me’ Reset as DA Davidson Initiates Neutral Rating

Intel (NASDAQ:INTC) is one of the AI Stocks to Watch. Wall Street believes Intel (NASDAQ:INTC) is facing a “show-me” reset, with one research firm warning that current valuation is a reflection of overly optimistic assumptions. On February 12, DA Davidson analyst Gil Luria initiated coverage on Intel (NASDAQ: INTC) with a Neutral rating and a price target of $45. Intel’s transformation seems to be one of the most challenging turnarounds in the semiconductor industry. Not only is the company working towar ...