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Intel Corporation (INTC) [hlAlert]

Rating:
Buy INTC
down 21.76 %

Intel Corporation (INTC) rated Buy with price target $38 by Needham

Posted on: Wednesday,  Dec 30, 2015  8:25 AM ET by Needham

Needham rated Buy Intel Corporation (NASDAQ: INTC) on 12/30/2015, when the stock price was $35.43. Since
then, Intel Corporation has lost 21.76% as of 01/15/2016's recent price of $27.72.
If you would have followed this Needham's recommendation on INTC, you would have lost 21.76% of your investment in 16 days.

Intel Corporation is a semiconductor chip maker. The Company is engaged in developing advanced integrated digital technology products, primarily integrated circuits, for industries, such as computing and communications. Its primary component-level products include microprocessors, chipsets, motherboards, wired and wireless connectivity. The Company offers products at various levels of integration, allowing its customers the capability to create computing and communications systems. As of December 27, 2008, the Company was mainly organized in two segments: Digital Enterprise Group (DEG) and Mobility Group (MG). During the fiscal year ended December 27, 2008 (fiscal 2008), the Company completed the divestiture of its NOR flash memory business. In July 2009, Intel Corporation completed the acquisition of Wind River Systems, Inc.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/30/2015 8:25 AM Buy
None
35.43 38.00
as of 8/27/2015
1 Week down  -4.01 %
1 Month down  -13.59 %
3 Months down  -8.33 %
1 YTD down  -8.33 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2015 8:25 AM Buy
None
30.24 37.00
12/12/2011 2:25 PM Hold
None
23.91
3/12/2010 9:25 AM Buy
None
21.25 25.00
3/18/2009 8:25 AM Buy
None
14.79 18.00

(*) Stock Price at the time of the recommendation.
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