Breaking Finance News

A statement released earlier today by Vetr Inc. about Intel Corporation (NASDAQ:INTC) raises the target price to $41.20

In a report announced on 10/12/2016 Vetr Inc. bumped up the price target of Intel Corporation (NASDAQ:INTC) to $41.20 stating a potential upside of 0.11%.

Previously on 10/11/2016, Vetr Inc. released a statement about Intel Corporation (NASDAQ:INTC) increased the target price from $0.00 to $41.98. At the time, this indicated a possible upside of 0.13%.

Just yesterday Intel Corporation (NASDAQ:INTC) traded -0.38% lower at $37.26. Intel Corporation’s 50-day moving average is $36.74 and its 200-day moving average is $33.59. The last stock price is up 10.54% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 14,053,888 shares of INTC traded hands, down from an average trading volume of 21,645,600

Recent Performance Chart

Intel Corporation (NASDAQ:INTC)

Intel Corporation has 52 week low of $27.68 and a 52 week high of $38.36 with a PE ratio of 18.01 and has a market capitalization of $0.

In addition to Vetr Inc. reporting its stock price target, a total of 34 brokerages have issued a research note on the company. The average stock price target is $35.35 with 10 brokerages rating the stock a strong buy, 16 brokerages rating the stock a buy, 16 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On Intel Corporation (NASDAQ:INTC)

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company's segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components. DCG segment includes server, network and storage platforms designed for the enterprise, cloud, communications infrastructure and technical computing segments. IOTG segment includes platforms designed for Internet of Things market segments, including retail, transportation, industrial, and buildings and home use. SSG segment includes Intel Security Group, and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group.

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