BMO Capital Upgrades Intel (INTC) to Outperform
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Forward Air (FWRD) Appoints Shawn Stewart as CEO
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
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- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Intel (INTC) Numbers 'Do Not Match Wall Street Euphoria'; Goldman Reiterates Sell
January 17, 2014 9:11 AM ESTGoldman Sachs reiterated a Sell rating on Intel (NASDAQ: INTC) with a price target of $16.00. Comments follow Q4 results that were below consensus. Analyst James Covello continues to view revenue & implied EPS guidance as too aggressive.
"We believe the Street is also overly... More
Intel (INTC) is Long-Term Buy and Ahead of Q4 Earnings - Jefferies
January 14, 2014 7:45 AM ESTJefferies analyst Mark Lipacis reiterated a Buy rating and $32 price target on Intel (Nasdaq: INTC) saying a 2016 bull case suggest EPS of $3.00. The firm is also a buyer of the stock ahead of Intel's Q4 report.
Long term our analysis indicates that... More
UPDATE: JPMorgan Upgrades Intel (INTC) to Overweight; Analyst Makes 'Leap of Faith' on PCs and New CEO
January 14, 2014 7:25 AM EST(Updated - January 14, 2014 11:26 AM EST)
JPMorgan upgraded Intel (NASDAQ: INTC) from Neutral to Overweight with a price target of $29.00 (from $20.00). Analyst Christopher Danely thinks the PC market will remain stable in 2014 and he is confident in management.
"We are raising our... More