Charter Equity upgraded Intel (NASDAQ:INTC) from Mkt Perform to Buy in a statement released earlier today.
- Updated: October 19, 2016
Charter Equity has upgraded Intel (NASDAQ:INTC) from Mkt Perform to Buy in a report released on 10/19/2016.
Previously on Tuesday October 18, 2016, Barclays released a statement about Intel (NASDAQ:INTC) bumped up the target price from $38.00 to $45.00 that suggested an upside of 0.21%.
Showing a price of $37.75, Intel (NASDAQ:INTC) traded 1.23% higher on the day. With the last stock price close up 12.00% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. Intel has recorded a 50-day average of $36.91 and a two hundred day average of $33.70. Trade Volume was up over the average, with 42,689,630 shares of INTC changing hands over the typical 21,242,600
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Intel has 52 week low of $27.68 and a 52 week high of $38.36 with a PE ratio of 18.31 and has a market capitalization of $0.
A total of 34 equity analysts have released a research note on the stock. 10 firms rating the stock a strong buy, sixteen brokerages rating the company a buy, sixteen brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally one analyst rating the company a sell with a 12-month price target of $35.35.
General Company Details For Intel (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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