Wachovia Starts Intel (INTC) at Outperform

Article Stock Quotes (1) Comments (0)

Wachovia initiates coverage on Intel Corp. (Nasdaq: INTC) with an Outperform rating with a $39-$34 valuation rainge. The firm said, "In our view, Intel's attractive features include a strong product lineup, technology leadership, an ongoing cost cutting and restructuring effort, and strong financials ... We expect that over the next few quarters Intel will continue to gain microprocessor market share and improve margins."

You May Also Be Interested In

• Touchscreen Notebook PCs to Occupy One-in-Four Shipments by 2016 (INTC)
• Topeka Capital Starts Spansion (CODE) at Buy
• Topeka Capital Starts RDA Microelectronics (RDA) at Buy

Create E-mail Alert Related Categories

New Coverage

Add Your Comment

Name

Subject

Body

Share on Facebook

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