Shares of Intel (INTC) have trailed the broader markets by a significant margin in recent years. In fact, Intel stock touched an all-time high during the dot-com boom and has burnt investor wealth for over two decades.

As The Fly reports this morning, investment bank Citigroup trimmed its Intel price target from $22 to $21 per share, at the same time as HSBC upgraded the stock from reduce to hold.

We see potential in Intel's stagnant market cap, citing core CPU segment strength and possible turnaround. See why we recommend a buy on INTC stock.

Key Takeaways Intel shares added to recent gains Tuesday following a report last week that the company could be a takeover target. Rival chipmaker Broadcom is the most likely buyer, some analysts said,

A tech publication writes of the “near certainty” that a company is interested in buying Intel. But it’s not clear which one might fit the bill.

Intel faced fierce competition and strategic shifts last year. Is the company poised for a comeback in the near future?

Shares of the chipmaker are rising today alongside broader markets, leaving them up more than 8% in January and outpacing the S&P 500.