Williams Financial Group Maintains a 'Hold' on Intel (INTC); Second Revision in Two Weeks
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Price: $90.07 -2.24%
Rating Summary:
24 Buy, 39 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
24 Buy, 39 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Williams Financial Group maintains a 'Hold' on Intel (NASDAQ: INTC).
Analyst, Cody G. Acree, said, "In our view, Intel’s shares are already factoring in a good portion of the growing pessimism regarding the health of the PC sector, having declined about 14% since its recent highs in early May. However, we caution investors that further downside is likely, in our opinion, depending on the magnitude of INTC’s negative revision and how badly margins may be impacted by what looks to be aggressive INTC pricing."
"We are maintaining our Q2 estimates for EPS of $0.52 on sales of $13.551 billion. This forecast is roughly in-line with the current consensus. Our FY12 EPS decreases to $2.41 from $2.47 on a sales decrease to $55.976 billion from $56.394 billion...FY13 EPS decreases to $2.54 from $2.66 on a sales decrease to $60.547 billion from $61.404 billion."
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 $25.25 yesterday.
Analyst, Cody G. Acree, said, "In our view, Intel’s shares are already factoring in a good portion of the growing pessimism regarding the health of the PC sector, having declined about 14% since its recent highs in early May. However, we caution investors that further downside is likely, in our opinion, depending on the magnitude of INTC’s negative revision and how badly margins may be impacted by what looks to be aggressive INTC pricing."
"We are maintaining our Q2 estimates for EPS of $0.52 on sales of $13.551 billion. This forecast is roughly in-line with the current consensus. Our FY12 EPS decreases to $2.41 from $2.47 on a sales decrease to $55.976 billion from $56.394 billion...FY13 EPS decreases to $2.54 from $2.66 on a sales decrease to $60.547 billion from $61.404 billion."
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 $25.25 yesterday.
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