Intel Issued $26 Price Target and Outperform Reiterated
I did not see this posted.
According to Baird, Intel is experiencing strong demand for its CPU/chipsets in China which suggests that trends might be improving. The firm predicts it will see an increase in demand for PC components, and it expects for PC units to grow during year. The firm gives the stock an Outperform rating and a $26 price target.
Beats me. There has to be some differences. The Goldman Sachs SELL with a $16 target is so much different than this $26 OUTPERFORM. The high target is $29 and the low is $16. The GS $16 target look like an outlier trying to push the $23 average lower. They are $7 below the average target of 37 analysts. That one $16 target lowers the Intel average target by $7/37 = 20 cents.