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Intel Makes Progress on Its Rebound, but 1 Metric Is Still a Big Red Flag


Intel (NASDAQ: INTC) stock rallied after a better-than-expected rebound in third-quarter 2023 sales, and shares are now up over 25% in the last 12-month stretch. Don't get too excited just yet, though. Intel is still underperforming the iShares Semiconductor ETF by a decent margin.

INTC Total Return Level Chart

Data by YCharts.

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Source Fool.com

Intel Corp. Stock

€28.71
0.930%
The Intel Corp. stock is trending slightly upwards today, with an increase of €0.27 (0.930%) compared to yesterday's price.
Currently there is a rather positive sentiment for Intel Corp. with 25 Buy predictions and 11 Sell predictions.
As a result the target price of 42 € shows a positive potential of 46.32% compared to the current price of 28.71 € for Intel Corp..
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