RBC Capital Assumes Intel (INTC) at Sector Perform
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Canaccord Genuity Reiterates Buy on Intel (INTC) Following Conferences
August 31, 2015 10:13 AM EDTCanaccord Genuity reiterated a Buy rating and $39.00 price target on Intel (NASDAQ: INTC) following the company's Data Center Day, and the Hot Chips industry conference. Analyst Matthew Ramsay said that near-term China concerns from investors are prudent, and believes that investors underappreciate Intel's diversifying opportunity set in DCG and see strong server upsell cycles over the next few years. Given China represents Intel's largest server market and a significant portion of... More
Needham & Company Remains Bullish on Intel (INTC) Following Intel Data Center Day
August 28, 2015 10:49 AM EDTNeedham & Company reiterated a Buy rating and $37.00 price target on Intel (NASDAQ: INTC) following the company's first Intel Data Center Day. Diane Bryant, SVP and GM of DCG, reiterated her confidence in a 15% annual growth target for DCG in 2015 during her opening session. INTC also expects to grow server CPU shipments... More
Intel (INTC) Attractive at Current Levels, But DCG Should be Bigger Than CCG - Cowen
August 28, 2015 8:36 AM EDTCowen and Company is out with commentary on Intel (Nasdaq: INTC) following the company's Data Center Day this week. The firm has INTC at Market Perform with a price target of $33.
Analyst Tim Arcuri summarized: While little "new" per se, management is not backing away from 15% CAGR in DCG as compute moves from client to cloud. The company... More
