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Enter Symbol:
Intel Corporation (INTC) [hlAlert]

Mkt Perform

Intel Corporation (INTC) rated Mkt Perform with price target $11 by Friedman Billings

Posted on: Friday,  Jan 16, 2009  8:25 AM ET by Friedman Billings

Intel Corporation (INTC) rated
Mkt Perform with price target $11 by Friedman Billings.

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.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/16/2009 8:25 AM Hold
13.62 11.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2008 8:25 AM Hold
14.66 13.00
12/5/2008 8:25 AM Hold
12.53 15.50
11/13/2008 8:25 AM Hold
13.19 17.00
11/11/2008 8:25 AM Hold
14.00 19.00
9/12/2008 8:25 AM Hold
19.91 26.00
6/5/2008 11:25 AM Hold
23.66 27.00

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