Wall St. resumes selloff; S&P 500 lowest since September
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Stifel Raised Price Target on Intel (INTC) to $37 Following 4Q earnings and Outlook
January 15, 2016 9:15 AM ESTStifel reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $37.00 (from $36.00), following the company's 4Q earnings report, and outlook. Revenue of $14.9bn was up 3.1% q/q and up 1.6% y/y, above the prior guidance midpoint and the Streets estimate of... More
Sterne Agee CRT Reiterates Buy on Intel (INTC) Following Soft 1Q Outlook
January 15, 2016 8:51 AM ESTSterne Agee CRT reiterated a Buy rating and $38.00 price target on Intel (NASDAQ: INTC) following the company's 4Q earnings and outlook. Excluding $400M ALTR contribution, Q1 revenue guidance of $14.1B is at the low end of seasonal range. Management cited macro softness for lower unit... More
Mizuho Securities Reiterates Buy on Intel (INTC) Following 4Q Beat
January 15, 2016 8:20 AM ESTMizuho Securities reiterated a Buy rating and $37.00 price target on Intel (NASDAQ: INTC) following the company's 4Q earnings report. INTC reported revenue and EPS results of $14.9B and $0.74 respectively, ahead of street estimates of $14.8B and $0.64. The company also released March quarter guidance of... More
RBC Capital Cut Price Target to $33 on Intel (INTC) Following 4Q Earnings
January 15, 2016 7:45 AM ESTRBC Capital maintained a Sector Perform rating on Intel (NASDAQ: INTC), and cut the price target to $33.00 (from $35.00), following the company's 4Q earnings report. INTC reported revenues and EPS of $14.9B and $0.74 compared to the Street's $14.81B and $0.63 estimates.
Analyst Amit Daryanani commented, "While INTC reported an impressive... More
