Intel's stock price target raised to $35 from $34 at Wedbush
7:36 am ET July 16, 2015 (MarketWatch)
(END) Dow Jones Newswires
July 16, 2015 07:36 ET (11:36 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
Intel Raised to Buy at Needham & Company LLC (INTC)
Posted by Stephan Byrd on Jul 16th, 2015 // No Comments
Intel logoIntel (NASDAQ:INTC) was upgraded by analysts at Needham & Company LLC to a “buy” rating in a research report issued to clients and investors on Thursday, Market Beat Ratings reports.
Intel (NASDAQ:INTC) opened at 29.69 on Thursday. Intel has a 1-year low of $28.82 and a 1-year high of $37.90. The stock’s 50-day moving average is $31.45 and its 200-day moving average is $32.87. The company has a market cap of $140.85 billion and a P/E ratio of 12.65.
Sentiment: Strong Buy
Stacy and entourage probably bought quite a bit of *INTC in the last few days.
Intel beats estimates, guides strong; shares jump
Jul 15 2015, 16:05 ET | About: Intel Corporation (INTC) | By: Eric Jhonsa, SA News Editor
Intel (NASDAQ:INTC): Q2 EPS of $0.55 beats by $0.05.
Revenue of $13.2B (-4.6% Y/Y) beats by $160M.
Expects Q3 revenue of $14.3B (+/- $500M), above a $14.1B consensus at the midpoint.
Expects 2015 revenue to be down 1% Y/Y, better than a consensus for a 2% drop.
Shares +7.9% AH.
Sentiment: Strong Buy
It all depends on how convincingly INTEL portrays the near term future of their products.
BEIJING/SAN FRANCISCO (Reuters) - China's state-backed Tsinghua Unigroup Ltd is preparing a $23 billion bid for U.S. memory chip maker Micron Technology Inc (MU.O), in what would be the biggest Chinese takeover of a U.S. company, people familiar with the matter said.
The technology conglomerate is prepared to bid $21 per share for Micron, a 19.3 percent premium to the stock's close on Monday. The offer could come as early as Wednesday, a person close to Tsinghua told Reuters, although a Micron spokesman said it had not received an offer.
INTEL will really surprise if it meets or beats expectations. I find it odd that so many have reduced target prices, downgraded etc yet the target price remained 51 cents.
Google Inc. (NASDAQ:GOOG) faced an immense degree of criticism over its failed Google Glass which led to many believe that the tech giant might scrap the project. However, the company is reported to have mad a product filing at the FCC recently which is believed to be the second iteration of Google Glass. Although we are still unsure as to whether Google Glass 2.0 will be making an entry into the market any time soon, rumors indicate that it is already in the works.
The upcoming Google Glass is believed to be targeted towards the enterprise market, and many are already calling the forthcoming gadget the Google Glass Enterprise Edition; its predecessor was the Explorer Edition. The upcoming wearable is set to feature substantial changes which include a larger battery and the switch over to an Intel Corp. (NASDAQ:INTC) processor.
IBM had produced chips with 22-nanometer circuitry in its former factories. "IBM Reports Advances In Shrinking Future Chips," at 12:01 a.m. ET, incorrectly stated that IBM was producing 20-nanometer chips.
Why is the expectation for this months earnings release still EPS estimate consensus
$0.514? Does someone have a different number? This one is from TDAmeritrade
and take turns kicking it every time it even attempts to raise it's head. Looks like they want 29.5 before they begin to buy.
“The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered. ”
I don't know. The ARCHO PC STICK may be cheaper but also uses an INTEL QUAD CORE PROCESSOR. I see no negative news.