"Stock Picks: Intel, Google, Morgan Stanley
What Wall Street analysts are saying about selected stocks in the news Monday
Intel Corp. (INTC)
R.W. Baird upgrades to outperform from neutral; raises price target
R.W. Baird analyst Tristan Gerra raised the firm's rating on Intel on Jan. 4, saying in a note that salesforce checks point to tier-1 PC original equipment manufacturers recently raising procurement estimates for the first half of 2010 on more optimistic customers' forecasts for the full year, in part on a rebound in corporate PC spending, with the adoption of Microsoft's (MSFT) Windows 7 operating system a catalyst. Gerra thinks this suggests a continuation of above-seasonal trends in PC shipments.
The analyst thinks Intel, the world's largest chipmaker, could outperform its peers this year, notably those with stretched lead times, as he expects lead times to come down in the second-quarter while wafer pricing could firm up in 2010. Gerra sees Intel posting earnings per share (EPS) of 66 cents in 2009, and raised his $1.40 2010 EPS view to $1.60 on 15% revenue growth. He also raised his price target on the shares from $24 to $26. "
Source Of Post... also the Internet seems to Be aBuzz Today with How Good Intel is Doing, What a Sham that Is... Also Note with this that as a "Monopoly" Stomping On Nvidia to Keep them Down, well this could affect your Intel Stocks, once the SEC, FTC and the Public at Large Make Plenty of Noise about this Unfair Competion, Anti-Trust Violations and Industry Bullying.
http://www.businessweek.com/investor/content/jan2010/pi2010014_824036.htm
Related Links
http://www.transworldnews.com/NewsStory.aspx?id=153698&cat=1
http://www.businessweek.com/investor/content/jan2010/pi2010014_552158.htm
Intel Corp.
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