Intel (NASDAQ: INTC) started 2021 with a bang, with shares of the chip giant accelerating in the first quarter of the year thanks to news that it may be gaining ground against rival Advanced Micro Devices (NASDAQ: AMD). Shares of Intel are now trading close to the lower end of their 52-week range. Wall Street doesn't seem to be too optimistic about the company's prospects either, as the stock has an average price target of $54, which points toward a tepid upside from current levels.
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