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Enter Symbol:
Rating: INTC
Overweight $40
up 22.00 %

Intel Corporation (NASDAQ: INTC) reiterated to Overweight with price target $40 by JP Morgan

Tuesday,  Jan 12, 2016  10:25 AM ET by Kristen Bailey

Here is more proof that the JP Morgan rating can guide you in smart investing. JP Morgan reiterated Intel Corporation (NASDAQ: INTC) to Overweight with price
target $40 with today's price of $32.46. JP Morgan rated Intel Corporation (NASDAQ: INTC) to Overweight on 01/14/2014, when the price was $26.51. Intel Corporation's stock price gained 22% since then.
By following the previous JP Morgan's recommendation on INTC, you would have gained 22% in 728 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.

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