Citadel Securities Reiterates an 'Add' on Intel (INTC); Llano Fails to "Bridge" the Gap
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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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Citadel Securities reiterates an 'Add' on Intel (NASDAQ: INTC), PT $27.
Citadel analyst says, "With the recent launch of Llano, AMD's (NYSE: AMD) second generation APU family, notebook market share loss joins a host of other concerns weighing on Intel's stock. We think this latest issue, much like the others (e.g., excess channel inventory, impact from tablet growth), is a legitimate source of concern, but one whose impact is being overestimated by the market. Based on our view of preliminary benchmarks of AMD's high-end offering, the A8, Llano's ultimate competitive and market positioning leaves it with a modest and temporary differentiation at best (based on graphics capability and battery life), in a segment of the market where such an advantage will likely go unrewarded."
For more ratings news on Intel click here and for the rating history of Intel click here.
Shares of Intel closed at $21.71 yesterday.
Citadel analyst says, "With the recent launch of Llano, AMD's (NYSE: AMD) second generation APU family, notebook market share loss joins a host of other concerns weighing on Intel's stock. We think this latest issue, much like the others (e.g., excess channel inventory, impact from tablet growth), is a legitimate source of concern, but one whose impact is being overestimated by the market. Based on our view of preliminary benchmarks of AMD's high-end offering, the A8, Llano's ultimate competitive and market positioning leaves it with a modest and temporary differentiation at best (based on graphics capability and battery life), in a segment of the market where such an advantage will likely go unrewarded."
For more ratings news on Intel click here and for the rating history of Intel click here.
Shares of Intel closed at $21.71 yesterday.
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