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Enter Symbol:
 
Intel Corporation (INTC) [hlAlert]

Rating:
Overweight
INTC
up 4.56 %

Intel Corporation (INTC) rated Overweight with price target $40 by JP Morgan

Posted on: Tuesday,  Jan 12, 2016  10:25 AM ET by JP Morgan

JP Morgan rated Overweight Intel Corporation (NASDAQ: INTC) on 01/12/2016. Previously JP Morgan rated Overweight Intel Corporation (NASDAQ: INTC) on 01/14/2014.,
when the stock price was $26.51. Since then, Intel Corporation has gained 4.56% as of 01/15/2016's recent price of $27.72.
If you would have followed the previous JP Morgan's recommendation on INTC, you would have gained 4.56% of your investment in 731 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/12/2016 10:25 AM Buy
None
32.46 40.00
as of 8/27/2015
1 Week down  -4.01 %
1 Month down  -13.59 %
3 Months down  -15.92 %
1 YTD up  4.56 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/14/2014 8:25 AM Buy
None
26.51
1/4/2008 8:25 AM Hold
None
23.25

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