Form 8-K INTEL CORP For: Oct 24

Go back to Form 8-K INTEL CORP For: Oct 24

Needham & Company Reiterates Hold Rating on Intel (INTC) Following 3Q Beat

October 25, 2019 7:55 AM EDT

Needham & Company analyst N. Quinn Bolton reiterated a Hold rating on Intel (NASDAQ: INTC) following the company's 3Q report. 3Q19 revenue of ~$19.2bn set a quarterly record, beating guidance by ~$1.2bn; record revenue came from DCG, NSG, IOTG and Mobileye.

INTC guided 4Q19... More

Intel (INTC) PT Raised to $48 at RBC Capital

October 25, 2019 6:29 AM EDT

RBC Capital analyst Mitch Steves raised the price target on Intel (NASDAQ: INTC) to $48.00 (from $47.00) while maintaining an Underperform rating.

The analyst commented, "Intel reported stronger than expected results as data center demand came in stronger than original guidance. While... More