Baird Remains Bullish on Intel (INTC) Following 4Q Report

Go back to Baird Remains Bullish on Intel (INTC) Following 4Q Report

Intel (INTC) PT Lowered to $45 at Jefferies

January 27, 2017 8:15 AM EST

Jefferies lowered its price target on Intel (NASDAQ: INTC) to $45.00 (from $46.00) while maintaining a Buy rating.

Mark Lipacis commented, "INTC jumped over the low 4Q bar it set for itself (4%/$0.04 rev/EPS beat) and guided 1Q revs/EPS 2%/$0.04 above consensus. The... More

Intel (INTC) PT Raised to $43 at Needham & Company; All Good Accept Enterprise

January 27, 2017 6:28 AM EST

Needham & Company raised its price target on Intel (NASDAQ: INTC) to $43.00 (from $42.00) while maintaining a Buy rating following strong 4Q16.

Analyst N. Quinn Bolton commented, "Intel reported strong 4Q16 results that exceeded the high end of guidance and expectations as strength in... More

Intel (INTC) PT Raised to $45 at Credit Suisse

January 27, 2017 6:01 AM EST

Credit Suisse raised its price target on Intel (NASDAQ: INTC) to $45.00 (from $40.00) while maintaining a Outperform rating.

Analyst John Pitzer comments "We will continue to challenge management to scrutinize investments, to drive more leverage, and to generate higher levels of FCF but the... More

Morgan Stanley Upgrades Intel (INTC) to Equalweight

January 27, 2017 5:15 AM EST

Morgan Stanley upgraded Intel (NASDAQ: INTC) from Underweight to Equalweight with a price target of $38.00 (from $35.00).

Analyst Joseph Moore comments "A solid quarter, though mediocre 2017 guidance may be seen
as disappointing. But we think numbers are based on a more... More

Barclays On Intel (INTC): "Profitability Intact & Room for Upside", Remains Top Pick

January 27, 2017 1:29 AM EST

Barclays maintains Overweight on Intel (NASDAQ: INTC) price target of $45.00.

Analyst Blayne Curtis comments "INTC reported a beat and raise as CCG and Memory came in well ahead of expectations. 2017 revenue guidance was only flattish but included the ISecG divestiture in early Q2... More

Debate Will Remain Around Intel's (INTC) DCG Growth - RBC Capital

January 27, 2017 1:10 AM EST

RBC Capital maintains Sector Perform on Intel (NASDAQ: INTC) price target of $37.00.

Analyst Amit Daryanani comments "INTC reported better than expected Dec-qtr results and provided a CY17E guidance (~$59.5B/$2.80 vs. Street at $60.8B/ $2.80) with an assumption that PCs will be down... More

Intel (INTC) Fighting To Re-Instill Growth - Cowen

January 27, 2017 1:07 AM EST

Cowen maintains Market Perform on Intel (NASDAQ: INTC) price target of $39.00.

Analyst Tim Arcuri comments "All in all, we still see a mixed bag here. On one hand, C2017 EPS and pro-forma revenue guide were okay despite assuming a fairly substantial negative reversion in the PC market and embedding lower DCG growth of high singles (fully expected) due to ongoing enterprise weakness. On top of this, cost cuts are not flowing through as the money is being reinvested in DCG,... More

Intel (INTC) Is Better Positioned And Has Solid Gross Margins - Mizuho

January 27, 2017 1:05 AM EST

Mizuho Securities maintains Buy on Intel (NASDAQ: INTC) price target of $42.00.

Analyst Vijay Rakesh comments "INTC reported DecQ GAAP revenue/EPS of $16.4B/$0.73, ahead of consensus, and guided MarQ inline. It cited CCG strength from gaming and high-end systems and DCG strength from... More

Intel (INTC) Tops Q4 EPS by 4c, Offers Q1 Guidance

January 26, 2017 4:02 PM EST

(Updated - January 26, 2017 4:03 PM EST)

Intel (NASDAQ: INTC) reported Q4 EPS of $0.79, $0.04 better than the analyst estimate of $0.75. Revenue for the quarter came in at $16.4 billion versus the consensus estimate of $15.75 billion.

GUIDANCE:

Intel sees Q1 2017 revenue of $14.8 billion +/- $500 million, versus the consensus of $14.53 billion.

The fourth quarter was a terrific finish to a record-setting and transformative year for Intel. In 2016, we took important steps to accelerate our strategy and refocus our resources while also launching exciting new products, successfully integrating Altera, and investing in growth... More

Intel (INTC) January weekly 37.50 straddle priced for movement of 3.5% into Q4

January 26, 2017 2:55 PM EST

Intel (NASDAQ: INTC) January weekly 37.50 straddle priced for movement of 3.5% into Q4

... More

Wall Street ends flat after 2-day run; Dow stays above 20,000

January 26, 2017 7:26 AM EST

By Chuck Mikolajczak

(Reuters) - U.S. stocks were little changed on Thursday as investors paused following a two-day rally that pushed the Dow Jones Industrial Average above the 20,000 mark, while the latest wave of earnings rolled in.

Qualcomm (NASDAQ: QCOM) weighed on both the S&P 500 and Nasdaq as the chipmaker fell 5.0 percent to $54.05 after posting a lower-than-expected rise in quarterly revenue.

The post-election rally reignited this week following a solid start to earnings season and optimism over U.S. President Donald Trump's pro-growth initiatives, giving the benchmark S&P... More

Intel (INTC) Removed from Catalyst Watch at Citi

January 25, 2017 8:50 AM EST

Citi analyst Christopher Danely removed Intel (NASDAQ: INTC) from Catalyst Watch, saying good news is now baked into the stock and they expect margin pressure on data center in 2017.

... More