Form 8-K INTEL CORP For: Sep 16

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RBC Lifts PT on Intel (INTC) to $38; PCs Supply Chain, Demand Boost Q3 Expectations

September 16, 2016 11:22 AM EDT

RBC Capital boosts its price target on Sector Perform-rated Intel (Nasdaq: INTC) from $36 to $38 following improved Q3 guidance issued earlier Friday.

Analyst Amit Daryanani commented today: INTC updated their Sept-qtr guidance with revenues 5% above prior guidance and an EPS implication 10% above Street estimates. INTC... More