Nomura Securities Maintains a 'Neutral' on Intel (INTC); Takeaways From Analyst Meeting
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Price: $102.50 -1.97%
Rating Summary:
24 Buy, 39 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
24 Buy, 39 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Nomura Securities maintains a 'Neutral' on Intel (NASDAQ: INTC).
Nomura analyst, Romit Shah, said, "While an upward bias to estimates may support Intel in the short-run, we believe lower ASP and negative earnings leverage in 2012 are meaningful headwinds over the intermediate term. In addition, yesterday’s results from HP (NYSE: HPQ)�and Dell (Nasdaq: DELL) do not give us confidence that back half 2011 estimates are achievable."
For more ratings news on Intel click here and for the rating history of Intel click here.
Shares of Intel closed at $23.55 yesterday.
Nomura analyst, Romit Shah, said, "While an upward bias to estimates may support Intel in the short-run, we believe lower ASP and negative earnings leverage in 2012 are meaningful headwinds over the intermediate term. In addition, yesterday’s results from HP (NYSE: HPQ)�and Dell (Nasdaq: DELL) do not give us confidence that back half 2011 estimates are achievable."
For more ratings news on Intel click here and for the rating history of Intel click here.
Shares of Intel closed at $23.55 yesterday.
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