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

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

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

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

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

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

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

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

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

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

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

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.

Roth Capital Upgrades Intel (INTC) to Buy

Roth Capital upgraded Intel (NASDAQ: INTC) from Neutral to Buy with a price target of $35.00 (from $28.00).

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.

Morgan Stanley Upgrades Intel (INTC) to Equalweight

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.

Intel (INTC) Boosts Q2 Revenue, Gross Margin Expectations

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