RBC Capital Sees Smooth CFO Transition at Intel (INTC); Affirms at 'Sector Perform'
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Canaccord Genuity Raises Price Target on Intel (INTC) After Meeting with Management
September 20, 2016 11:44 AM EDTCanaccord Genuity reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $44.00 (from $40.00), after meeting with management. meetings were upbeat and focused on the diversification of DCG opportunities and visibility against stronger 2H/16 guidance in DCG. The meetings also covered the KabyLake launch and overall trends toward PC stabilization longer-term, and the recently announced sale of McAfee.
Analyst Matthew Ramsay commented, "After meeting a broad cross-section of Intel management at... More
Brean Capital Raises Price Target as Intel (INTC) Updates Revenue Guidance
September 20, 2016 9:40 AM EDTBrean Capital reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $40.00 (from $38.00), as the company increased September quarter revenue expectations. The company now expects revenue to be $15.6B plus or minus $300M versus its previous range of $14.9 billion, plus or minus $500 million.
Analyst Mike Burton... More
Intel (INTC) Names New CFO
September 19, 2016 4:01 PM EDTIntel Corporation (Nasdaq: INTC) announced the appointment of Robert Bob H. Swan as executive vice president and chief financial officer (CFO), effective Oct. 10, 2016. Swan will report to Intel CEO Brian Krzanich and oversee Intels global finance and IT organizations, as well as the Corporate Strategy... More
