Intel data center rebound eases U.S.-China trade war worries
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Needham & Company Reiterates Hold Rating on Intel (INTC) Following 3Q Beat
October 25, 2019 7:55 AM EDTNeedham & 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 EDTRBC 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
