GS and JPM (big organizations with lots of clients) have Intel as a sell. Pretty soon they will have to change that or change their reason for the sell to: VALUATION.
My low risk reply to stock price is to say Intel can be a FAB at least as good as TSMC who has a PE of 13. I expect the resistance at $30 to be substantial and take some time to cross it. I think that it will take some news or a surprise to punch through $30.