Intel's slowing data center growth overshadows strong profit
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Needham & Company Remains Bullish on Intel (INTC) Following 2Q Results
July 21, 2016 7:57 AM EDTNeedham & Company reiterated a Buy rating and $38.00 price target on Intel (NASDAQ: INTC) following the company's 2Q earnings report. Intel reported revenue of $13.5bn, in-line with estimates. Non-gaap EPS of $0.59 beat $0.53 estimates. EPS included a $0.05 benefit from higher than expected interest and... More
Baird Remains Bullish on Intel (INTC) Following In-Line 2Q Report
July 21, 2016 7:15 AM EDTBaird reiterated an Outperform rating and $38.00 price target on Intel (NASDAQ: INTC) following the company's 2Q earnings report. INTC reported EPS of $0.27, in line with consensus. Revenue of $13.5 billion was in line with the midpoint of guidance of $13.0-$14.0 billion. Management guided 3Q16 revenue midpoint... More
