Mizuho Securities covered Intel (NASDAQ:INTC), boosting its stock price target to $42.00 earlier today
- Updated: September 18, 2016
Yesterday Intel (NASDAQ:INTC) traded 3.04% higher at $37.67. The company’s 50-day average is $35.26 and its 200-day average is $32.70. The last stock close is up 15.19% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same time. 74,577,899 shares of the stock traded hands, up from ann average trading volume of 22,095,100.
In a report issued 9/19/2016 Mizuho Securities upped the target price of Intel (NASDAQ:INTC) from $38 to $42 reporting a possible upsideof 0.11%.
Previously on Friday September 16 2016, Cowen reported about Intel(NASDAQ:INTC) bumped the target price from $36.00 to $38.00 that indicated a possible upside of 0.04%.
Recent Performance Graphic:
A total of 34 firms have issued a report on the stock. Ten firms rate the company a strong buy, 16 analysts rate the stock a buy, 16 firms rate the company a hold, two brokerages rate the company to underperform, and finally one firmrate the stock as sell with an average target of $35.35
With a market capitalization of $0.0, Intel has a P/E of 18 with a 52 week low of $27.68 and a 52 week high of $38.05.
About 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 and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group.
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