Intel (INTC) January weekly 37.50 straddle priced for movement of 3.5% into Q4

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Baird Remains Bullish on Intel (INTC) Following 4Q Report

January 27, 2017 7:55 AM EST

Baird reiterated an Outperform rating and $42.00 price target on Intel (NASDAQ: INTC) following the company's 4Q earnings report. 4Q16 GAAP EPS of $0.73 was above the consensus of $0.67. Revenue of $16.4 billion was above the high end of raised guidance of $15.2-$16.2 billion, up 3.8% sequentially.

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