Intel (INTC) Can't Go Lower - Wedbush
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ITG Initiates Coverage on Intel (INTC); Revenue Facing Significant Medium-Run Headwinds
April 19, 2016 10:06 AM EDTITG initiates coverage on Intel (NASDAQ: INTC).
Analyst Mark Bachman commented, "FQ1 is generally Intels weakest revenue quarter. In 2016, this seasonal weakness will be partially offset by Intels acquisition of Altera, which should bring ~$400M in new revenue, and by... More
Cowen Sees In-Line Intel (INTC) Q1
April 18, 2016 8:12 AM EDTCowen Market Perform Intel price target of $33.00
Cowen analyst, Timothy Arcuri, thinks there is more to like at Intel (NASDAQ: INTC) than dislike, especially with the stock below $30. He expects an inline print since Street estimates already reflect well-known challenges... More
Summit Research Cuts Price Target on Intel (INTC) as Headwinds Continue
April 18, 2016 6:53 AM EDTSummit Research maintained a Buy rating on Intel (NASDAQ: INTC), and cut the price target to $37.00 (from $38.00), as PC and server headwinds continue to hinder company sales.
Analyst Srini Sundararajan commented, "Per Gartner, Worldwide PC shipments totaled 64.8M units in... More
Nomura Trims Estimates on Intel (INTC) But Sees Plenty of Reasons To Like It
April 13, 2016 7:20 AM EDTNomura analyst, Romit Shah, cut his estimates on Intel (NASDAQ: INTC) for Q1 and the remainder of the year. EPS drops to $0.45 from $0.50 for Q1 and $2.28 from $2.45 for the full year. No change to the Buy rating or $35 PT as the analyst ups the earnings multiple to 13.5x CY17 EPS, slightly above... More
