Intel (INTC) has disclosed a new risk, in the Corporate Activity and Growth category.
Intel’s plan to take Mobileye public through an IPO presents significant risks, including potential delays or failure due to unfavorable economic conditions, regulatory hurdles, or strategic shifts. The IPO’s completion is uncertain, and even if successful, it may not enhance shareholder value or might increase stock volatility. The potential failure of the IPO could also impact Intel’s ability to attract and retain key Mobileye personnel, while incurring unrecoverable expenses.
The average INTC stock price target is $23.00, implying -11.27% downside potential.
To learn more about Intel’s risk factors, click here.
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