Needham & Company Upgrades Intel (INTC) to Buy, $37 PT

Wedbush Raises Price Target on Intel (INTC) to $35 Following 2Q15 Beat

Wedbush 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

Northland 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

Intel (INTC) PT Bumped to $33 at Nomura Securities

Nomura Securities analyst Romit Shah raised his price target on Neutral-rated Intel (NASDAQ: INTC) to $33.00 (from $31.00) following results, which he called "solid."

Shah commented, "It is remarkable that, despite the destruction in PCs, Intel is guiding to record revenues in the... More

Jefferies Raises Price target on Intel (INTC) to $36 Following 2Q EPS Beat

Jefferies 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

Ascendiant Capital Upgrades Intel (INTC) to Hold

Ascendiant Capital upgraded Intel (NASDAQ: INTC) from Sell to Hold.

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 $29.69 yesterday.

FBR Capital Maintains Bullish Views on Intel (INTC) Following 2Q Earnings Results

FBR 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

Buy Micron (MU) on Better-than-Feared Intel (INTC) Results, Needham & Company Says

Needham & Company analyst Rajvindra Gill is telling clients to buy Micron Technology (NASDAQ: MU) today in the wake of better-than-feared results from Intel (NASDAQ: INTC) after the close. The firm reiterated its Strong Buy rating and price target of $40.

Gill... More

Intel (INTC) Tops Q2 EPS by 5c

(Updated - July 15, 2015 4:05 PM EDT)

Intel (NASDAQ: INTC) reported Q2 EPS of $0.55, $0.05 better than the analyst estimate of $0.50. Revenue for the quarter came in at $13.2 billion versus the consensus estimate of $13.04 billion.

Summary
The second quarter revenue of $13.2B was in line with the expectation that we provided in our prior Outlook. The Client Computing Group revenue was up 2% quarter over quarter and down 14% on a year-on-year basis. The Data Center Group was up 5% quarter over quarter and up 10% on a year-on-year basis. Gross margin of 62.5% was up 2.0... More