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Intel (INTC) Stays at Hold as Analyst Sees Long Road to Recovery

Intel Corporation (NASDAQ:INTC) is one of the AI Stocks on Wall Street’s Radar. On September 9, Truist Securities analyst William Stein reiterated a Hold rating on the stock with a $21.00 price target following a virtual meeting between Intel and investors. The firm acknowledged that Intel has been making progress in its “turnaround”. However, these improvements may take some time and success is uncertain. Therefore, it hasn’t made any changes to its estimates. “INTC’s road to recovery remains long & un ...