Cowen Nudges PT on Intel (INTC) to $35; Notes Better DCG Prospects, GM Tailwinds on Revised Outlook

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Cowen Reiterates Market Perform on Intel (INTC) Based on Growth Prospects

November 20, 2015 8:19 AM EST

Cowen reiterated a Market Perform rating on Intel (NASDAQ: INTC), and raised the price target to $35.00 (from $34.00), on better growth prospects in DCG and GM tailwinds. INTC as a whole is less reliant on PCs than in the past and its PC business is... More

Intel (INTC) Analyst Day Better than Feared - Sterne Agee CRT

November 20, 2015 7:14 AM EST

At analyst day, Intel (NASDAQ: INTC) reiterating its growth focus on the non-PC businesses. The company highlighted multiple growth opportunities in data center, Internet of Things and SSG that are becoming more pivotal factors for substantial revenue growth and margin expansion going forward, as the consumer group continues to see a declining total addressable... More