Short sellers curb Intel bets ahead of second quarter results; tone cautious
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Wedbush Raises Price Target on Intel (INTC) to $35 Following 2Q15 Beat
July 16, 2015 9:03 AM EDTWedbush reiterates an Outperform rating on Intel (NASDAQ: INTC), and raises the price target to $35.00 (from $34.00), following 2Q15 results. Q2 GAAP EPS of $0.55 on revenue of $13.2B was above the Street ($0.50/$13.0B) estimates. Q3's revenue outlook of $14.3B +/- $500MM is above the... More
Northland Capital Markets Raises Price Target on Intel (INTC) to $32 Following 2Q15 Results
July 16, 2015 8:46 AM EDTNorthland Capital Markets reiterates a Market Perform rating on Intel (NASDAQ: INTC), and raises price target to $32.00 (from $31.00), following 2Q15 results. Intel reported $0.55 on $13.2B, above Northland's estimates of $0.46 on $12.8B.
Analyst Gus Richard commented, "INTCs report was much better than the... More
Jefferies Raises Price target on Intel (INTC) to $36 Following 2Q EPS Beat
July 16, 2015 8:05 AM EDTJefferies reiterates a Buy rating on Intel (NASDAQ: INTC), and raises the price target to $36.00 (from $35.00), following 2Q15 results. Reported EPS of $0.55 was $0.05 above consensus.
Analyst Mark Lipacis commented, "2Q EPS beat by $0.01 EPS (ex 1x), and the 3Q outlook implies a... More
Piper Jaffray Cuts Price Target on Intel (INTC) Following 2Q15 Results
July 16, 2015 7:41 AM EDTPiper Jaffray reiterates an Overweight rating on Intel (NASDAQ: INTC), and cuts the price target to $37.00 (from $38.00), following 2Q15 results. INTC reported Q2 revenue of $13.2B and EPS of $0.55, ahead of $13.04B and $0.50 consensus. The Q3 outlook calls for revenue of $14.3B, above consensus expectations of $14.1B, and... More
FBR Capital Maintains Bullish Views on Intel (INTC) Following 2Q Earnings Results
July 16, 2015 7:18 AM EDTFBR Capital maintains an Outperform rating and $38.00 price target on Intel (NASDAQ: INTC) following 2Q15 results. INTC's reported revenue was $13.2B, above the Street's expectations which was lowered to ~$13.0B following AMD preannouncement.
Analyst Christopher Rolland commented, "On Wednesday evening, July 15, Intel announced better-than-expected 2Q15 results and 3Q15 guidance, primarily as PC channel inventories were drawn down more... More
