Intel Earnings Up In The Cloud, Overcome Spectre Meltdown

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  • #14649
    ThePitBoss
    Participant

    Semiconductor giant Intel Corp $INTC announced better than…

    [article]528[/article]

    #14654
    ThePitBoss
    Participant

    Analysts Upgrades on Intel after earnings report:

    Credit Suisse upgraded to Outperform from Neutral – raised price target to $55 from $42.
    Keybanc maintained an Overweight rating and raised price target to $60 from $50.
    Deutsche Bank raised price target to $55 from $50.
    Evercore ISI raised price target to $55 from $50.
    Jefferies raised price target from $32 to $38.
    Mizuho raised price target from $47 to $52.
    Morgan Stanley raised price target to $43 from $39.
    Needham raised price target to $50 from $45.
    RBC raised price target to $46 from $44.
    Stifel raised price target to $50 from $53.
    SunTrust Robinson raised price target to $50 from $43.
    Susquehanna raised price target to $54 from $48.
    Wells Fargo raised price target to $55 from $50.

    #14817
    ThePitBoss
    Participant

    UPDATE: Intel shares up 2.1 percent after report that Apple may drop Qualcomm in favor of Intel as modem chip supplier for next generation of iPhones via Reuters

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