Intel soars after brighter forecast for data centers, memory

Apple (AAPL) PT Lowered to $157 at Barclays on Buyback Over-Exuberance: 'Softening iPhone Franchise a Big Problem'

Barclays lowered its price target on Apple (NASDAQ: AAPL) to $157.00 (from $168.00) while maintaining a Equalweight rating, following an update to the company's outlook.

Analyst Mark Moskowitz notes a downbeat outlook on the shares, lowering estimates for 2nd time in as many months,... More

Intel (INTC) PT Raised to $55 at Goldman Sachs Following Solid 1Q

Goldman Sachs raised its price target on Intel (NASDAQ: INTC) to $55.00 (from $48.00) while maintaining a Neutral rating following 1Q release. Intel reported a solid beat and raise quarter with strength across the board, but particularly in the Data Center Group (DCG) where yoy... More

Nomura/Instinet Remains Bullish on Intel (INTC) Following 1Q Release

Nomura/Instinet reiterated a Buy rating and $60.00 price target on Intel (NASDAQ: INTC) following the company's 1Q earnings release. Revenue was $16.1 billion, above guidance of $14.5-$15.5bn and consensus estimate for $15.1bn. EPS of $0.87 was well ahead of consensus of $0.76, and excluded $0.13 in... More

Intel (INTC) PT Raised to $62 at Needham & Company

Needham & Company raised its price target on Intel (NASDAQ: INTC) to $62.00 (from $50.00) while maintaining a Buy rating.

Analyst N. Quinn Bolton commented, "Intel reported strong beat and raise results. Driven by the ramp of the Xeon Scalable platform (Purley), DGC revenue increased 24%... More

Intel (INTC) PT Raised to $64 at Deutsche Bank

Deutsche Bank raised its price target on Intel (NASDAQ: INTC) to $64.00 (from $55.00) while maintaining a Buy rating.

Analyst Ross Seymore commented, "For the 2nd consecutive qtr INTC delivered significant upside to our expectations in both their results/guide with the positive revenue... More