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Enter Symbol:
 
Intel Corporation (INTC) [hlAlert]

Rating:
Mkt Perform
INTC

Intel Corporation (INTC) rated Mkt Perform with price target $14 by FBR Capital Markets

Posted on: Monday,  Apr 13, 2009  8:25 AM ET by FBR Capital Markets

Intel (INTC) rated Mkt
Perform with price target $14 by FBR Capital Markets.

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 research group uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/13/2009 8:25 AM Hold
None
15.98 14.00
as of 12/24/2008
1 Week   
1 Month   
3 Months   
1 YTD down  -2.25 %

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