Key Stats for Intel Stock

• Price change for Intel stock in last month: -17%
• $INTC Share Price as of Jun. 11: $107
• 52-Week High: $133
• $INTC Stock Price Target: $92

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What Happened?

Intel (INTC) stock jumped roughly 3% in premarket trading on Thursday after Bank of America made a bold call: a double upgrade, moving the stock all the way from Underperform to Buy in one shot. The firm also lifted its price target from $96 to $135.

Analyst Vivek Arya and his team said they now have higher confidence in Intel’s ability to supply leading-edge wafers and advanced packaging at a time when the entire…