Gartner Says Worldwide PC Shipments Declined 7.7% in Q3

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RBC Capital Raises Price Target on Intel (INTC) Ahead of 3Q Results

October 12, 2015 11:30 AM EDT

RBC Capital reiterated a Sector Perform rating on Intel (NASDAQ: INTC), and raised the price target to $33.00 (from $29.00), ahead of the company's 3Q15 earnings results. INTC guided to $14.3B in Q3 revenue, up 8% q/q, above 5-year historical seasonality at 4.5%... More

UBS Reiterates Buy on Microsoft (MSFT) as Shares Trade up

October 12, 2015 8:44 AM EDT

UBS reiterated a Buy rating and $52.00 price target on Microsoft (NASDAQ: MSFT) as company shares trade up over the past 3 months. The stock has had a hard time trending out of the $40-50 range, and UBS thinks that investors are still searching for a bottom.

Analyst Brent Thill commented, "MSFT shares have traded up ~6% over... More

Wedbush Reiterates Neutral on Advanced Micro Devices (AMD) Ahead of 3Q15 Results

October 12, 2015 8:32 AM EDT

Wedbush reiterated a Neutral rating and $2.00 price target on AMD (NASDAQ: AMD) ahead of the company's 3Q15 earnings results. AMD plans to reduce headcount by approximately 5% from its current levels and expects to realize savings of about $2MM. AMD will report Q3... More