Global Q2 PC Shipments Hint at Downside Risk for Intel (INTC) in CQ3; Micron (MU) Preferred - Cowen
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Wedbush Cuts Price Target on Intel (INTC) Ahead of Q2 Results
July 13, 2015 10:01 AM EDTWedbush maintains an Outperform rating on Intel (NASDAQ: INTC), and cuts the price target to $34.00 (from $37.00), ahead of Q2 results. Analyst Betsy Hees expects consensus estimates for EPS to continue to come down ahead of its earnings release. INTC is scheduled to report... More
Roth Capital Reiterates Buy Rating on Intel (INTC) Ahead of 2Q15 Reports
July 10, 2015 8:45 AM EDTRoth Capital maintains a Buy rating and $37.00 price target on Intel (NASDAQ: INTC) ahead of 2Q15 earnings results. Analyst Krishna Shankar expects INTC to report weak 2Q15 results and guide conservatively.
Shankar commented, "We expect INTC to report weak 2Q15 results and guide... More
Global PC Shipments Fell 9.5% in Q2 - Gartner (MSFT) (HPQ) (AAPL)
July 9, 2015 4:56 PM EDTWorldwide PC shipments totaled 68.4 million units in the second quarter of 2015, a 9.5 percent decline from the second quarter of 2014, according to preliminary results by Gartner, Inc, as reported earlier Thursday. This was the steepest PC shipment decline since the third quarter of 2013. PC shipments are projected to decline 4.4 percent in 2015.
There were many contributors to the decline of PC shipments in the second quarter of 2015, and Gartner analysts highlighted three of the major reasons for the drop in shipments. Analysts emphasized that these inhibitors are temporary events, and they are not changing the PC market's structure. Therefore,... More
