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Intel Corporation (NASDAQ:INTC) target price raised to $44.00, reported today by Canaccord Genuity

Yesterday Intel Corporation (NASDAQ:INTC) traded 0.00% even at $37.20. Intel Corporation’s 50-day moving average is $35.47 and its 200-day average is $32.89. The last close is up 12.98% relative to the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same time period. Trade volume was was down over the average, with 1,931 shares of INTC changing hands under the typical 22,950,000 shares..

In a report released on Tuesday September 20 2016 Canaccord Genuity upped the target price of Intel Corporation (NASDAQ:INTC) from $40 to $44 reporting a possible upsideof 0.18%.

On Monday September 19 2016, Argus reported about Intel Corporation(NASDAQ:INTC) bumped the target price from $41.00 to $45.00 that indicated a possible upside of 0.21%.

See Graphic Below:

Intel Corporation (NASDAQ:INTC)

A total of 34 firms have released a research note on the stock. Ten analysts rate the stock a strong buy, 16 firms rate the company a buy, 16 analyts rate the company a hold, two brokerages rate the company to underperform, and lastly one brokeragerate the company as sell with a 12-month target price of $35.35

Intel Corporation has a 52 week low of $27.68 and a one-year high of $38.05 with a PE ratio of 18. INTC’s total market value is presently $0.0.

More About 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 and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group.

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