Intel (INTC) Analyst Day Better than Feared - Sterne Agee CRT
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Cowen Reiterates Market Perform on Intel (INTC) Based on Growth Prospects
November 20, 2015 8:19 AM ESTCowen reiterated a Market Perform rating on Intel (NASDAQ: INTC), and raised the price target to $35.00 (from $34.00), on better growth prospects in DCG and GM tailwinds. INTC as a whole is less reliant on PCs than in the past and its PC business is... More
JMP Securities Upgrades Intel (INTC) to Market Outperform
November 20, 2015 6:49 AM ESTJMP Securities upgraded Intel (NASDAQ: INTC) from Market Perform to Market Outperform with a price target of $45.00.
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 $34.30 yesterday.
... MoreCowen Nudges PT on Intel (INTC) to $35; Notes Better DCG Prospects, GM Tailwinds on Revised Outlook
November 20, 2015 6:42 AM ESTCowen and Company is positive on Intel's (Nasdaq: INTC) FY16 outlook, but also believes the stock is fairly valued at this point. The firm reiterated its Market Perform rating, but lifted its price target from $34 up to $35 following the company's update.
Analyst Timothy Arcuri noted the Intel is now less-dependent on PCs, while mobile losses are continuing to improve. The analyst said: While the PC business... More
Intel (INTC) Updates on FY16 Outlook; Boosts Dividend 8.3%
November 19, 2015 12:27 PM EST(Updated - November 19, 2015 12:29 PM EST)
Intel (NASDAQ: INTC) sees FY16 revenue growth in mid-single-digit range and FY16 gross margins at 62% +/- a couple of points. The company also sees FY16 CapEx about $10 billion +/- $500 million.
Intel also raised its quarterly dividend from 24 cents up to 26 cents per share.
UPDATE - Intel issued the following press release:
At Intel Corporations annual investor meeting today, the company announced... More
