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Intel Corporation (INTC) [hlAlert]

Rating:
Overweight
INTC
up 15.83 %

Intel Corporation (INTC) rated Overweight with price target $24 by Lehman Brothers

Posted on: Monday,  Sep 8, 2008  9:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight Intel Corporation (NASDAQ: INTC) on 09/08/2008. Previously Lehman Brothers rated Buy Intel Corporation (NASDAQ: INTC) on 06/28/2007.,
when the stock price was $23.93. Since then, Intel Corporation has gained 15.84% as of 01/15/2016's recent price of $27.72.
If you would have followed the previous Lehman Brothers's recommendation on INTC, you would have gained 15.83% of your investment in 3123 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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/8/2008 9:25 AM Buy
None
20.87 24.00
as of 12/24/2008
1 Week up  0.12 %
1 Month up  3.71 %
3 Months up  19.05 %
1 YTD up  6.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/15/2008 8:25 AM Buy
None
23.95 26.00
6/28/2007 11:25 AM Buy
None
23.93 28.00

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