Intel (INTC) Peers Tick Higher on Improved Guidance (MSFT) (AMD)
- Stocks face worst month since September, yen swings after BoJ
- Microsoft fiscal Q3 results top estimates as AI revolution spurs cloud growth
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Intel slides in afterhours trading as Q1 revenue misses, Q2 outlook falls short
- Oil prices on track to snap two-week losing streak
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Canaccord Genuity Raises Price Target on Intel (INTC) After Meeting with Management
September 20, 2016 11:44 AM EDTCanaccord Genuity reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $44.00 (from $40.00), after meeting with management. meetings were upbeat and focused on the diversification of DCG opportunities and visibility against stronger 2H/16 guidance in DCG. The meetings also covered the KabyLake launch and overall trends toward PC stabilization longer-term, and the recently announced sale of McAfee.
Analyst Matthew Ramsay commented, "After meeting a broad cross-section of Intel management at... More
Brean Capital Raises Price Target as Intel (INTC) Updates Revenue Guidance
September 20, 2016 9:40 AM EDTBrean Capital reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $40.00 (from $38.00), as the company increased September quarter revenue expectations. The company now expects revenue to be $15.6B plus or minus $300M versus its previous range of $14.9 billion, plus or minus $500 million.
Analyst Mike Burton... More
Nomura Securities Raises Price Target on Intel (INTC) to $42
September 19, 2016 9:16 AM EDTNomura Securities reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $42.00 (from $38.00). Intel raised its 3Q revenue expectations to $15.6b compared with its previous guidance of $14.9b, implying an EPS of $0.72 vs. Nomura's prior expectation of $0.66.
Analyst... More
UBS Raises Price Target on Intel (INTC) to $43 Ahead of 3Q Report
September 19, 2016 8:46 AM EDTUBS reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $43.00 (from $40.00), ahead of the company's 3Q earnings report. UBS believes that the company's stock will continue its positive momentum if Intel executes well in 3Q16 and reports y/y data center sales growth of 15%. Intel's new 3Q16 sales guidance is $15.6B versus its... More
Mizuho Securities Raises Price Target on Intel (INTC) to $42; Reiterates Buy
September 19, 2016 8:22 AM EDTMizuho Securities reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $42.00 (from $38.00), following the company's September quarter preannouncement. INTC raised its midpoint of revenue expectations ~5%, from $14.9B to $15.6B due to PC inventory replenishment and better PC demand.
Analyst Vijay... More
RBC Lifts PT on Intel (INTC) to $38; PCs Supply Chain, Demand Boost Q3 Expectations
September 16, 2016 11:22 AM EDTRBC Capital boosts its price target on Sector Perform-rated Intel (Nasdaq: INTC) from $36 to $38 following improved Q3 guidance issued earlier Friday.
Analyst Amit Daryanani commented today: INTC updated their Sept-qtr guidance with revenues 5% above prior guidance and an EPS implication 10% above Street estimates. INTC... More