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Wajeeh Khan

Intel Stock Is in a ‘Catch-22’ Scenario. How Should You Play INTC Here?

INTC Intel Corporation Loop Capital Gary Mobley Intel Foundry Semiconductor

Intel (INTC) shares closed roughly flat on Tuesday after a senior Loop Capital analyst initiated coverage of the semiconductor giant with a “Neutral” rating only. 

In his research note, Gary Mobley announced a $25 price target on INTC, indicating limited upside as “the catch-22 situation for Intel is obvious.”

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