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This is all based on one report from BlueFin Research Partners, but The Street is reacting very favorably for Intel, and not so much for AMD. As of typing this, Intel is up 4% and AMD has dropped a whopping 5.5%. There looks to be little more said than this. "Intel's second-half production levels suggest upside to analyst revenue estimates for the fourth quarter and first quarter of 2019." So let's wait and see what comes out of this and if anything specific about 10nm production actually comes to light. As surely previous news has not been pretty for Big Blue.
On Monday, RBC Capital Markets and Barclays predicted Intel's earnings would be impacted in the coming quarters as it grapples with a processor shortage. RBC lowered its target price to $55 from $57 and maintained its "sector perform" rating while Barclays lowered its rating to "underweight" from "equal weight" and reduced its price target to $38 from $53 — a 20% downside to where shares settled on Monday.
On Monday, RBC Capital Markets and Barclays predicted Intel's earnings would be impacted in the coming quarters as it grapples with a processor shortage. RBC lowered its target price to $55 from $57 and maintained its "sector perform" rating while Barclays lowered its rating to "underweight" from "equal weight" and reduced its price target to $38 from $53 — a 20% downside to where shares settled on Monday.