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JMP Securities Raises Target on Intel (INTC), Sees 20% Upside

March 14, 2012 10:53 AM EDT
Get Alerts INTC Hot Sheet
Price: $34.28 -0.38%

Rating Summary:
    21 Buy, 32 Hold, 9 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 11 | New: 13
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JMP Securities bumped its price target on Intel (NASDAQ: INTC) earlier from $30 to $33 and reiterated their Market Outperform rating. The new price target suggests 20 percent upside from Tuesday's close.

The firm cited increasing chip demand, specifically in notebooks and servers.

For an analyst ratings summary and ratings history on Intel click here. For more ratings news on Intel click here.

Shares of Intel closed at $27.49 yesterday.


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