Intel (INTC) Tops Q3 EPS by 21c, Offers Q4 Guidance

Intel (INTC) PT Raised to $42 at Credit Suisse

October 27, 2017 8:10 AM EDT

Credit Suisse raised its price target on Intel (NASDAQ: INTC) to $42.00 (from $35.00) while maintaining a Neutral rating.

Analyst John Pitzer likes the company fundamentals but continues to struggle with the valuation and therefore remains on the sidelines.

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Intel (INTC) PT Raised to $32 at Jefferies Following 3Q

October 27, 2017 7:53 AM EDT

Jefferies raised its price target on Intel (NASDAQ: INTC) to $32.00 (from $30.00) while maintaining a Underperform rating following the company's 3Q. Intel beat and raised on better performance from its CCG and "Other" categories. Jefferies estimates that its 2017 EPS growth is driven... More

Intel (INTC) PT Raised to $50 at Roth Capital

October 27, 2017 7:40 AM EDT

Roth Capital raised its price target on Intel (NASDAQ: INTC) to $50.00 (from $43.00) while maintaining a Buy rating.

Analyst Suji Desilva remains encouraged by the transition to growth areas like cloud data centers, networking, automotive and IoT.

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BofA/Merrill Lynch Upgrades Intel (INTC) to Buy

October 27, 2017 6:16 AM EDT

BofA/Merrill Lynch upgraded Intel (NASDAQ: INTC) from Neutral to Buy with a price target of $49.00 (from $42.00).

Analyst Vivek Arya says "Intel is back!" and upgrades the name citing solid execution and transformational growth. The analyst also see multiple levers for... More

Intel (INTC) PT Raised to $47 at Mizuho Securities

October 27, 2017 4:37 AM EDT

Mizuho Securities raised its price target on Intel (NASDAQ: INTC) to $47.00 (from $45.00) while maintaining a Outperform rating.

Analyst Vijay Rakesh comments "Sentiment on INTC has been negative and, with the bar set low, INTC cleared it with a solid guide in... More

Intel (INTC) PT Raises To 50 at Evercore ISI

October 27, 2017 4:33 AM EDT

Evercore ISI Outperform Intel (NASDAQ: INTC) price target of $50.00 (from $40.00)

Analyst CJ Muse believes the stock remains "under-owned" and given the positive momentum surrounding Purley, further upside is on the horizon and for that reason the analyst raises his PT expecting upside... More

Intel (INTC) PT Raised to $41 at Canaccord Genuity

October 27, 2017 4:30 AM EDT

Canaccord Genuity raised its price target on Intel (NASDAQ: INTC) to $41.00 (from $38.00) while maintaining a Hold rating.

Analyst Matt Ramsey calls the quarter impressive but remains sidelined noting concerns revolving around datacenter group growth. The analyst believes shares could remain range bound... More

Intel (INTC) PT Raised to $50 at Baird

October 27, 2017 4:28 AM EDT

Baird raised its price target on Intel (NASDAQ: INTC) to $50.00 (from $45.00) while maintaining a Outperform rating.

Analyst Tristan Gerra expects a valuation re-rating to continue as the company "continues to execute flawlessly." The analyst believes the company is well positioned for a... More

Intel lifts full-year forecasts on data center strength

October 26, 2017 4:14 PM EDT

By Laharee Chatterjee

(Reuters) - Intel Corp (NASDAQ: INTC), the world's largest computer chipmaker, raised its full-year revenue and profit forecasts, helped by strong growth in its data center business.

The company's shares were up 2.2. percent at $42.25 in extended trading.

For the full year, the company said it expects to earn, on an adjusted basis, $3.25 per share on revenue of $62 billion, beating analysts' estimate of $3.01 per share on revenue of $61.4 billion, according to Thomson Reuters I/B/E/S.

In July, the company had previously forecast full-year adjusted profit of $3 per... More