Jefferies Starts Intel (INTC) at Hold

Article Stock Quotes (1) Comments (0)

Jefferies initiates coverage on Intel (NASDAQ: INTC) with a Hold rating and $34 price target, suggesting 12% upside.

The firm cited: "1) Server and Sandy Bridge strength 2) Softness in Consumer PC."

Key risks cited by the firm include tablet cannibalization increases, smartphone/Tablet delay.

For more ratings news on Intel click here and for the rating history of Intel click here.

Shares of Intel closed at $22.28 yesterday, with a 52 week range of $17.60-$23.96.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: BTIG Starts ING U.S (VOYA) at Buy, Shares 'Significantly Undervalued'
• Intel ISEF Winners Photo Available on Business Wire's Website and AP PhotoExpress
• Wells Fargo Starts Taylor Morrison Home (TMHC) at Outperform

Create E-mail Alert Related Categories

New Coverage

Related Entities

Jefferies & Co

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?