FBR Capital Markets reaffirmed their outperform rating on shares of Intel Corp. (NASDAQ:INTC) in a report released on Thursday, AnalystRatings.Net reports. FBR Capital Markets currently has a $28.00 price objective on the stock.
FBR Capital Markets has also modified their ratings on a number of other information technology stocks in the few days. The firm reiterated its outperform rating on shares of Advanced Micro Devices Inc.. They have a $5.50 price target on that stock. Also, FBR Capital Markets downgraded shares of Fairchild Semiconductor International Inc. from an outperform rating to a market perform rating. Their analysts now have a $14.00 price target on that stock, down previously from $16.00.
Intel Corp. (NASDAQ: INTC) traded down 0.74% on Thursday, hitting $22.87. Intel Corp. has a 52-week low of $19.23 and a 52-week high of $26.90. The stock’s 50-day moving average is currently $24.23. The company has a market cap of $113.8 billion and a price-to-earnings ratio of 12.45.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group downgraded shares of Intel Corp. from a buy rating to a neutral rating in a research note to investors on Tuesday, July 16th. They now have a $22.50 price target on the stock. Separately, analysts at UBS AG cut their EPS estimates on shares of Intel Corp. in a research note on Monday. They now have a neutral rating and a $22.50 price target on the stock. Finally, analysts at Deutsche Bank reiterated a buy rating on shares of Intel Corp. in a research note to investors on Thursday, July 11th. They now have a $26.00 price target on the stock.
Seven analysts have rated the stock with a sell rating, sixteen have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $23.53.
Intel Corporation designs and manufactures integrated digital technology platforms. A platform consists of a microprocessor and chipset.
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