Credit Suisse Believes Intel Corp (INTC) Won’t Stop Here


In a report released today, John Pitzer from Credit Suisse maintained a Buy rating on Intel Corp (NASDAQ: INTC), with a price target of $65. The company’s shares opened today at $54.64, close to its 52-week high of $55.79.

According to TipRanks.com, Pitzer is a top 100 analyst with an average return of 22.2% and a 74.7% success rate. Pitzer covers the Consumer Goods sector, focusing on stocks such as Advanced Micro Devices, Texas Instruments, and Broadcom Ltd.

Intel Corp has an analyst consensus of Moderate Buy, with a price target consensus of $60.39.

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Intel Corp’s market cap is currently $251.3B and has a P/E ratio of 23.76. The company has a Price to Book ratio of 3.63.

Based on the recent corporate insider activity of 151 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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