Reported about 10 hours ago
Investors in Intel's stock have experienced a tough 2024, with shares declining over 61%. Analysts suggest that while a new CEO and changes in turnaround strategies could provide short-term catalysts, significant rebuilding will take time. The outlook remains cautious, with the majority of analysts rating the stock as 'hold' or 'sell', though some optimism exists with a consensus price target around $24, indicating a potential for recovery.
Source: YAHOO