Intel Corporation (INTC): PT Raised News

INTC – BofA/Merrill Lynch raises price target to $61 from $52. This new price target represents a 21.03% upside over the stock’s previous closing price of $50.40.

Update: As of Dec. 12, 2018, this bullish analyst call has returned -5.10%.

Key Facts Surrounding This News Item

  • INTC had a POWR Rating of A (Strong Buy) coming into today.
  • INTC was 4.64% above its 10-Day Moving Average coming into today.
  • INTC was 9.10% above its 20-Day Moving Average coming into today.
  • INTC was 11.49% above its 50-Day Moving Average coming into today.
  • INTC was 14.43% above its 100-Day Moving Average coming into today.
  • INTC was 28.18% above its 200-Day Moving Average coming into today.
  • INTC had returned +11.93% year-to-date leading up to today’s news, versus a +2.22% return from the benchmark S&P 500 during the same period.

More Info About Intel Corporation (INTC)

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments. The company was founded in 1968 and is based in Santa Clara, California. View our full INTC ticker page with ratings, news, and more.

INTC at a Glance

INTC Current POWR Rating™
Overall POWR Rating™
INTC Current Price $47.83 0.95%
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INTC Price Reaction

The day of this event (Mar. 8, 2018)
INTC Closing Price$49.83 1.13%
INTC Volume30,019,312
10.77% from avg
Leading up to this event
INTC 1-mo return20.05%
After this event
INTC 1-day return1.67%
INTC 3-day return0.89%
INTC 5-day return0.86%

INTC Price Chart

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