Jefferies analyst Mark Lipacis reiterated a Buy rating, raised estimates and boosted his price target on Intel (NASDAQ: INTC) to $45.00 (from $40.00) following strong Q2 results and outlook. He sees a $60 bull case price target.
Lipacis comments, "Our Moore Stress thesis says that Intel stays on the transistor cost curve while its competitors fall off. Said another way, we expect a shakeout in MPUs, share gains in tablets/mobile and higher profitability. Near term Intel is benefiting from a PC upgrade cycle, but signals of our secular cost structure and capital return theses came through in its 2Q14 report. Our bull case price target is $60."
The firm raised Q3 EPS from $0.61 to $0.67, FY 2014 EPS from $2.16 to $2.28 and FY 2015 EPS from 2.51 to $2.84.
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 $31.71 yesterday.
Stock analysts at Credit Suisse increased their target price on shares of Intel (NASDAQ:INTC) from $35.00 to $40.00 in a report issued on Wednesday. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price target would indicate a potential upside of 18.69% from the company’s current price.
Intel Price Target Raised to $40.00 at Deutsche Bank (INTC)
Posted by Kristian Gore on Jul 16th, 2014 // No Comments
Intel Co. logoEquities research analysts at Deutsche Bank raised their price target on shares of Intel (NASDAQ:INTC) from $35.00 to $40.00 in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target would suggest a potential upside of 26.14% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse raised their price target on shares of Intel from $35.00 to $40.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at Barclays raised their price target on shares of Intel from $26.00 to $28.00 in a research note on Tuesday. They now have an “equal weight” rating on the stock. Finally, analysts at Citigroup Inc. initiated coverage on shares of Intel in a research note on Tuesday. They set an “outperform” rating and a $37.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $30.21.
These Global Warming/Climate Change cult followers remind me of the witchdoctors scaring the villagers into sacrifice. Joe must be throw into the volcano to insure the Rain/Sun/Crop gods are appeased. This is what we have come to. Science for the mind of the weak and ignorant. It is little more than a huge tax program disguised as a Life Savor for fools. They say the science is settled, even as they are exposed monkeying with the numbers and are caught exchanging emails that reveal their very nature to be that of fraudulent snake oil salesmen. Nobody can fool these smart people because they declared the debate is over. ROFLMAO
That part bothers me.
He was waved bye bye from his cabal of huge short players. Nomura and Ragoon left him at the alter. It was a great ride for them, but all "good" things come to an end, just as all bad things like their Cabal do as well..
Sentiment: Strong Buy
Research analysts at BMO Capital Markets hoisted their price objective on shares of Intel (NASDAQ:INTC) from $33.00 to $37.00 in a report released on Wednesday. BMO Capital Markets’ target price indicates a potential upside of 9.79% from the stock’s previous close.
In other Intel news, President Renee Jo James sold 101,580 shares of the stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $33.29, for a total value of $3,381,598.20. The sale was disclosed in a filing with the SEC, which is available at this link.
INTC has been the subject of a number of other recent research reports. Analysts at Pacific Crest raised their price target on shares of Intel from $35.00 to $37.00 in a research note on Wednesday. Separately, analysts at Jefferies Group raised their price target on shares of Intel from $40.00 to $45.00 in a research note on Wednesday. They now have a “buy” rating on the stock
July 1, 2014, 12:08 P.M. ET
Intel: Wells, Credit Suisse Up Estimates on PC Rebound, Server Refresh
I resent your insulting rhetoric. A crash generally implies and accident. You certainly have an obnoxious attitude.
The options trade is unwinding as fast as it can. With yesterdays MAX Pain @ 27 there will be plenty of movement. All interests are making moves.
Many want to be in before the dividend announcement and the buyback becoming further operational.