Intel Stock (Nasdaq: Intc) was on a fixed landing path since late 2023.
Despite the dominant position one day, the slow pace when it comes to adopting new manufacturing operations has mainly missed the AI’s mutation.
Once again, in early December, the semiconductor giant announced that the CEO is Gilgren will step down. The market’s reaction was positive to the news, and David Zensner, Financial Director, and Michelle Johnston Holthma were named as a temporary participant.
Meanwhile, many reports that suggested that TSM and Broadcom are considering obtaining parts of the company.
On March 12, the company announced that the veteran warrior and members of the board of directors will carry the lips He takes over the position of CEO. While the stock opened at $ 20.99 on the day of announcement, by the time of the press on March 13, prices rose by 14.10 %, up to 23.95 dollars. This last development has brought Intel shares over the year to 19.43 %.
The markets clearly interacted positively with the change of employees – but how does Wall Street feel about Intel stock?
Mostly, Wall Street analysts think about Intel A ‘Hold’ stock
Nowadays, 31 researchers from Wall Street shares are tracked and released. Intc is the “Hold” consensus – with a 1 ‘buy’ classification, enormous classifications 26 ‘and 4’ Sell ‘.
There is also a great deal of contradiction when it comes to the price goals set by analysts. The goal of the high price in the street is $ 34-while the lowest goal currently released is only $ 18. With what is said, the average medium price for 12 months for Intel arrow is currently located at $ 23. This number means 3.86 % on the negative side of the current prices.
Finally, readers must take into account that since the InTC stock price has witnessed a sharp increase, there is a strong possibility that we see analysts re -visit their prices in the coming weeks. Tan lips has a history Cognition of trends in the semiconductor industry Before the curve – his appointment may indicate the beginning of a transformation in Intel’s fortunes.
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