Guy's, what are you expecting? What will an upgrade do? NOTHING.
As I said before: 1) Intel has gained 25% this year. A very good performance. 2) "Fair Value" what's that? You could say 10-15% below 1 year target is ok, so stock price will have the chance to rise 10-15% in one year. Make this in numbers: median price-target as of Dec-2008 is 30.50$. For a 10% yoy rise "fair value" right now is 30.50/1.10 = 27,72$. For a 15% yoy rise "fair value" right now is 30.50/1.15 = 26,52$.
OH, suprise: We ARE close to fair value. So maximum rise for the near term (few weeks) is 27.72-25.98(todays close) = 1.72$.
Hoops thats only a possible maximum rise of (1.72/25.94)*100 = 6.6%.
So if intel could climb to "high fair value" of 27.72 it may do it in the next two weeks. That would mean a daily increase of 0,65% for the next 10 sessions.
But always keep in mind that's maximum. A more realistic develepoment is a rise to 26.50 area till Dec. Therefore, intc is very likely to be flat for next month.
Maybe Intel should just take a page from FEMA's book. They can hold a conference call and have Intel employees pretend to be analysts and the analysts can, based on the answers to their questions, issue multiple upgrades on the spot.