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Analysts are upgrading their Intel Corp (INTC) price targets after its recent earnings results, and based on management's expectation of positive free cash flow this year. One way to play it is to sell short INTC out-of-the-money puts, which have high yields.
INTC closed at $82.54, up +23.60% after its Q1 earnings results the night before on April 23. Its price target could exceed $100 per share, as this article will show.