Roth Capital Upgrades Intel (INTC) to Buy

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Intel (INTC) PT Raised to $34 at Topeka Capital

June 13, 2014 10:16 AM EDT

Topeka Capital maintained a Buy rating on Intel (NASDAQ: INTC) and raised its price target to $34.00 (from $30.00).

Analyst Suji De Silva said, "INTC preannounced 2Q14 revenue and gross margin upside, driven by strength in the... More

Goldman Sachs Comments on Intel's (INTC) Improved Q2 Guidance

June 13, 2014 9:16 AM EDT

Goldman Sachs maintained a Sell rating on Intel (NASDAQ: INTC) with a modified price target of $18.00 (from $17.00). Yesterday shares gained after Intel raised Q2 guidance. Analyst James Covello thinks strong execution is priced in.

"We had not expected Intel to positively... More

Intel (INTC) PT Raised to $31 at Piper Jaffray

June 13, 2014 7:54 AM EDT

Piper Jaffray analyst Ruben Roy reiterated an Overweight rating on Intel (NASDAQ: INTC) and lifted his price target to $31.00 (from $30.00) following the company's positive pre-announcement.

"Net, our estimates are adjusted modestly higher and we continue to view INTC positively on the merits of... More

Intel (INTC) PT Bumped to $31 at RBC Capital

June 13, 2014 7:29 AM EDT

RBC Capital analyst Doug Freedman bumped his price target on Intel (NASDAQ: INTC) to $31.00 (from $28.00) following the company's positive preannouncement but maintained a Sector Perform rating.

Freedman comments, "We like the positive pre-announcement and find the results consistent with our Computex... More

Intel (INTC) PT Lifted to $29 at Baird; 'Neutral' Maintained

June 13, 2014 7:27 AM EDT

Baird analyst Tristan Gerra raised estimates and its price target on Intel (NASDAQ: INTC) to $29.00 (from $26.00) following its positive pre-announcement but maintained a Neutral rating.

Gerra commented, "Intel raised its 2Q and full-year 2014 guidance yesterday, driven by better business PC... More

Intel (INTC) PT Raised to $32 at FBR Capital

June 13, 2014 7:16 AM EDT

FBR Capital analyst Christopher Rolland reiterated an Outperform rating on Intel (NASDAQ: INTC) and boosted his price target to $32.00 (from $30.00) after the company's positive pre-announcement.

"We continue to believe the outperformance in enterprise PC... More

Cowen Wouldn't Chse Intel (INTC) Higher; Bumps PT to $27 on Updated Q2 Outlook

June 13, 2014 7:07 AM EDT

Cowen and Company boosts its price target on Intel (Nasdaq: INTC) from $24 up to $27.50, but maintains a Market Perform rating on the stock following updated Q2 guidance.

Analyst Timothy Arcuri commented, While it was tempting to get more positive on inflecting Y/Y PC fundamentals, the Bay Trail build and corresponding margin improvement from better utilization and the... More

Intel (INTC) PT Raised to $34 at BofA/Merrill Lynch

June 13, 2014 7:07 AM EDT

BofA/Merrill Lynch analyst Vivek Arya reiterated a Buy rating and boosted its price target on Intel (NASDAQ: INTC) to $34.00 (from $30.00) after the company raised guidance.

While the PC upgrade cycle is temporary and could be over by year-end its a... More

Intel (INTC) PT Raised to $40 at Jefferies

June 13, 2014 6:48 AM EDT

Jefferies reiterated a Buy rating on Intel (NASDAQ: INTC) and boosted its price target to $40.00 (from $35.00) after the company's positive pre-announcement.

Analyst Mark Lipacis comments, "INTC positively preannounced, raising 2Q14 and 2014 sales & gross margin guidance. Prior to the preannouncement we were $0.22 and $0.47... More

Drexel Hamilton Upgrades Intel (INTC) to Buy

June 13, 2014 6:40 AM EDT

Drexel Hamilton upgraded Intel (NASDAQ: INTC) from Hold to Buy with a price target of $35.00 (from $26.00).

For an analyst ratings summary and ratings history on Intel click here. For more ratings news on Intel click here.

Shares of Intel closed at $27.96 yesterday.

... More

Morgan Stanley Upgrades Intel (INTC) to Equalweight

June 13, 2014 6:38 AM EDT

Morgan Stanley upgraded Intel (NASDAQ: INTC) from Underweight to Equalweight.

For an analyst ratings summary and ratings history on Intel click here. For more ratings news on Intel click here.

Shares of Intel closed at $27.96 yesterday.

... More

Intel (INTC) Boosts Q2 Revenue, Gross Margin Expectations

June 12, 2014 4:06 PM EDT

As a result of stronger than expected demand for business PCs, Intel Corporation (Nasdaq: INTC) now expects second-quarter revenue to be $13.7 billion, plus or minus $300 million, as compared to the previous range of $13.0 billion, plus or minus $500 million. The company is forecasting the mid-point of the gross margin range to increase by 1 point to 64 percent, plus or minus a couple of percentage points, driven mostly by higher PC unit volume. R&D plus MG&A spending is expected to be approximately $4.9 billion, $100 million higher than the prior expectation of approximately $4.8 billion, driven largely by... More