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Nomura Securities Raises Price Target on Intel (INTC) to $42
September 19, 2016 9:16 AM EDTNomura Securities reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $42.00 (from $38.00). Intel raised its 3Q revenue expectations to $15.6b compared with its previous guidance of $14.9b, implying an EPS of $0.72 vs. Nomura's prior expectation of $0.66.
Analyst... More
UBS Raises Price Target on Intel (INTC) to $43 Ahead of 3Q Report
September 19, 2016 8:46 AM EDTUBS reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $43.00 (from $40.00), ahead of the company's 3Q earnings report. UBS believes that the company's stock will continue its positive momentum if Intel executes well in 3Q16 and reports y/y data center sales growth of 15%. Intel's new 3Q16 sales guidance is $15.6B versus its... More
Mizuho Securities Raises Price Target on Intel (INTC) to $42; Reiterates Buy
September 19, 2016 8:22 AM EDTMizuho Securities reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $42.00 (from $38.00), following the company's September quarter preannouncement. INTC raised its midpoint of revenue expectations ~5%, from $14.9B to $15.6B due to PC inventory replenishment and better PC demand.
Analyst Vijay... More
