Ascendiant Capital Upgrades Intel (INTC) to Hold

Wedbush Raises Price Target on Intel (INTC) to $35 Following 2Q15 Beat

Wedbush reiterates an Outperform rating on Intel (NASDAQ: INTC), and raises the price target to $35.00 (from $34.00), following 2Q15 results. Q2 GAAP EPS of $0.55 on revenue of $13.2B was above the Street ($0.50/$13.0B) estimates. Q3's revenue outlook of $14.3B +/- $500MM is above the... More

Northland Capital Markets Raises Price Target on Intel (INTC) to $32 Following 2Q15 Results

Northland Capital Markets reiterates a Market Perform rating on Intel (NASDAQ: INTC), and raises price target to $32.00 (from $31.00), following 2Q15 results. Intel reported $0.55 on $13.2B, above Northland's estimates of $0.46 on $12.8B.

Analyst Gus Richard commented, "INTCs report was much better than the... More

Intel (INTC) PT Bumped to $33 at Nomura Securities

Nomura Securities analyst Romit Shah raised his price target on Neutral-rated Intel (NASDAQ: INTC) to $33.00 (from $31.00) following results, which he called "solid."

Shah commented, "It is remarkable that, despite the destruction in PCs, Intel is guiding to record revenues in the... More

Piper Jaffray Cuts Price Target on Intel (INTC) Following 2Q15 Results

Piper Jaffray reiterates an Overweight rating on Intel (NASDAQ: INTC), and cuts the price target to $37.00 (from $38.00), following 2Q15 results. INTC reported Q2 revenue of $13.2B and EPS of $0.55, ahead of $13.04B and $0.50 consensus. The Q3 outlook calls for revenue of $14.3B, above consensus expectations of $14.1B, and... More

Needham & Company Upgrades Intel (INTC) to Buy, $37 PT

Needham & Company upgraded Intel (NASDAQ: INTC) from Hold to Buy with a price target of $37.00.

Analyst N. Quinn Bolton commented, "Intel reported 2Q15 results and 3Q15 guidance above consensus and much better than feared. While PC demand remains weak and is... More

Wall St. opens higher on strong quarterly reports

(UPDATED 10:20 AM ET)

By Tanya Agrawal

(Reuters) - Wall Street rose sharply on Thursday as the Greek parliament approved a bailout plan and bluechip companies such as Citigroup (NYSE: C), eBay (NASDAQ: EBAY) and Netflix (NASDAQ: NFLX) reported strong results.

After the Greek vote, the European Central Bank slightly raised its emergency funding for Greek banks to help them partially reopen after euro zone governments agreed in principle to grant Athens a new... More

FBR Capital Maintains Bullish Views on Intel (INTC) Following 2Q Earnings Results

FBR Capital maintains an Outperform rating and $38.00 price target on Intel (NASDAQ: INTC) following 2Q15 results. INTC's reported revenue was $13.2B, above the Street's expectations which was lowered to ~$13.0B following AMD preannouncement.

Analyst Christopher Rolland commented, "On Wednesday evening, July 15, Intel announced better-than-expected 2Q15 results and 3Q15 guidance, primarily as PC channel inventories were drawn down more... More

Intel (INTC) Tops Q2 EPS by 5c

(Updated - July 15, 2015 4:05 PM EDT)

Intel (NASDAQ: INTC) reported Q2 EPS of $0.55, $0.05 better than the analyst estimate of $0.50. Revenue for the quarter came in at $13.2 billion versus the consensus estimate of $13.04 billion.

Summary
The second quarter revenue of $13.2B was in line with the expectation that we provided in our prior Outlook. The Client Computing Group revenue was up 2% quarter over quarter and down 14% on a year-on-year basis. The Data Center Group was up 5% quarter over quarter and up 10% on a year-on-year basis. Gross margin of 62.5% was up 2.0... More