Jefferies Maintains a 'Hold' on Intel (INTC); IDF Day 1

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Canaccord Genuity Morning Coffee on Intel (INTC): Stale Chips

September 10, 2012 10:31 AM EDT

Canaccord Genuity Morning Coffee on Intel (Nasdaq: INTC): Stale chips.

Shares of Intel fell after the company reduced its Q3 guidance due to slowing demand. The company new sees Q3 revenues in the range of $12.9 billion to $13.5 billion, about 7% lower than its prior forecast of... More

Nomura Securities Maintains a 'Reduce' on Intel (INTC); Looking Even Further Down the Rabbit Hole

September 10, 2012 9:55 AM EDT

Nomura Securities maintains a 'Reduce' on Intel (NASDAQ: INTC) price target of $22.00.

Analyst, Romit Shah, said, "While Intel lowered the bar on Friday, we believe there is further downside risk to the Streets estimate of $2.33 for 2013. Our current estimate is $2.00. The... More

After 5 1/2 Years, AMD (AMD) In No Longer a 'Sell' at Goldman

September 10, 2012 9:14 AM EDT

After more than 5 1/2 years being on Goldman Sachs' Sell List, the firm upgraded AMD (NYSE: AMD) from Sell to Neutral today.

While off its Sell list, Goldman is far from positive. The gist of their upgrade lies in the fact that the shares have... More

UPDATE: Correction - Jefferies Lowers Estimates on Intel (INTC); Macro and Win-8 Issues?...or New Seasonality?

September 10, 2012 8:26 AM EDT

(Updated - September 10, 2012 8:30 AM EDT)

Correction - Jefferies maintains a 'Hold' on Intel (NASDAQ: INTC) price target of $29.00.

Analyst, Mark Lipacis, said, "INTC lowered its 3Q revenue outlook by 770bps at the mid-point, and is now expecting 3Q... More