Intel's results beat estimates; forecast disappoints

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Go back to Intel's results beat estimates; forecast disappoints

RBC Capital Reiterates Sector Perform on Intel (INTC) Following 3Q Beat

October 19, 2016 9:09 AM EDT

RBC Capital reiterated a Sector Perform rating on Intel (NASDAQ: INTC), and cut the price target to $37.00 (from $38.00), following the company's 3Q earnings report. INTC reported revenues of $15.78B, ahead of the Street's $15.58B. EPS was reported at $0.80 vs. the Street's estimate of $0.73.

Analyst Amit Daryanani commented, "While investors will likely be... More

Nomura Securities Cuts Price Target on Intel (INTC) Following 3Q Report

October 19, 2016 8:33 AM EDT

Nomura Securities maintained a Buy rating on Intel (NASDAQ: INTC), and cut the price target to $40.00 (from $42.00), following the company's 3Q earnings report. Intel reported revenue and EPS of $15.8b and $0.80, higher than both estimates of $15.6b and $0.72. INTC guided revenue to $15.7b, below... More

Jefferies Cuts Price Target on Intel (INTC) Following Weak 4Q Outlook

October 19, 2016 7:37 AM EDT

Jefferies maintained a Buy rating on Intel (NASDAQ: INTC), and cut the price target to $46.00 (from $49.00), following the company's 3Q earnings report. 3Q revs of $15.8 billion increased by 9% YY, and beat the revised outlook of $15.6b. Non-GAAP EPS of $0.80 beat consensus by $0.07, and is... More