<p>OT - INTC - Davidson raised their PT to $55 from $49, and reiterated accumulate/buy recommendation. Not bad given that INTC is facing 32 investor lawsuits over the Spectre and Meltdown breaches. They did have a very commendable CC, so one could point to that as justification of their not getting beaten down, given the challenges on many fronts. (And, indeed, after CC they hit $50, now trading around $46 and some change.)  Maybe it's just me but, for instance, I don't see their graphics partnership with AMD any great challenge to NVDA in the graphics department. Maybe if they're going to meld their CPUs with AMD integrated graphics, that might be successful in the lower end of the PC market, where stand alone graphics don't matter. (And I'm not sure how important that segment is.) But it's similar to Intel's drive (no pun intended) to become integral to autonomously-driven cars - NVDA is a tough competitor in that space. And the same with data center - a number of companies are fighting on a near-equal basis as best I can tell, and the vulnerability flaws of the Intel chips may just provide the impetus for cloud companies to try a different flavor of chip than Intel's. </p> <p>Despite it all, INTC continues to prosper. I'm just skittish on whether the valuation is justified. Analysts tend to forgive a lot of their sins. Not complaining, since I'm standing pat.</p>