Economy

Intel Corporation (NASDAQ:INTC) Raised to Buy at Bank of America Corporation

(INTC) stake by 3.68% reported in 2017Q2 SEC filing. Fiera Corp invested in 101,402 shares. (INTC)'s stock declined 2.96%. The First Houston Capital Inc holds 57,800 shares with $1.95 million value, down from 68,700 last quarter. Canandaigua Commercial Bank Tru owns 0.64% invested in Intel Corporation (NASDAQ:INTC) for 92,327 shares.

Ftb Advisors Inc, which manages about $3.88B and $918.92 million US Long portfolio, decreased its stake in First Tr Exch Traded Alphadex Fd Ii Brazil Alphadex Fd (FBZ) by 42,552 shares to 1,152 shares, valued at $17,000 in 2017Q2, according to the filing.

BMO Capital Markets upgraded shares of Intel Corporation (NASDAQ:INTC) from a market perform rating to an outperform rating in a research note released on Monday, October 30th. It has outperformed by 2.77% the S&P500. The stock declined 2.51% or $1.66 reaching $64.38 on the news. Insiders sold a total of 657,612 shares of company stock worth $28,806,336 in the last ninety days. About 533,243 shares traded or 30.83% up from the average. HSBC Holdings plc (ADR) (NYSE:HSBC) has risen 38.28% since November 8, 2016 and is uptrending. It has outperformed by 13.14% the S&P500. Mutual Of America Llc has 573,658 shares. It also upped Expedia Inc Del (NASDAQ:EXPE) stake by 2,220 shares and now owns 4,720 shares. Stamps Com Inc (NASDAQ:STMP) was raised too.

Intel Corporation is maintained at an average outperform rating by 42 stock analysts, and there are at least 2.83% of shares outstanding that are now legally short sold. Therefore 61% are positive. During the same period in the prior year, the company earned $0.80 EPS. equities analysts expect that Intel Corporation will post 3.25 EPS for the current fiscal year. The stock has "Buy" rating by Canaccord Genuity on Thursday, July 21. The firm has "Buy" rating given on Wednesday, December 9 by Bank of America. The stock of Intel Corporation (NASDAQ:INTC) earned "Buy" rating by UBS on Friday, October 30. Jefferies maintained it with "Hold" rating and $2.5 target in Friday, October 6 report. The rating was maintained by Raymond James on Wednesday, July 12 with "Sell". As per Thursday, January 14, the company rating was downgraded by Bernstein. Cantor Fitzgerald initiated the stock with "Hold" rating in Friday, February 26 report. The company has a market capitalization of $218,930.00, a P/E ratio of 14.69, a PEG ratio of 1.71 and a beta of 1.09. At one point in the past year, the shares traded as low as $4.72 but has recovered 237.71% since then.

Investors sentiment increased to 1.03 in 2017 Q2. Its down 0.24, from 1 in 2017Q1.

A number of large investors have recently added to or reduced their stakes in the stock. 97 funds opened positions while 651 raised stakes.

Intel Corporation (NASDAQ:INTC) was upgraded by investment analysts at Bank of America Corporation from a "neutral" rating to a "buy" rating in a research report issued on Friday, October 27th, Marketbeat.com reports. Citigroup upgraded the shares of HSBC in report on Tuesday, November 8 to "Buy" rating. Sanders Cap Ltd Llc, New York-based fund reported 14.29M shares. They see uniQure N.V. (QURE) price hitting a mean target of $20.4 a share, meaning the stock still has potential that could lift the price another 27.98% Also, the recent close suggests the stock is underpriced by 173.27% compared to the most bullish target. Connor Clark Lunn Invest Management Ltd invested in 0.37% or 1.67 million shares. Dupont holds 0.01% or 8,692 shares in its portfolio. Goldman Sachs Grp Inc holds 0% or 81,832 shares. INTC now has a profit margin of 22.30%. First Amer National Bank reported 202,614 shares. Plancorp Lc owns 6,244 shares for 0.06% of their portfolio. Parnassus Investments CA now owns 25,599,838 shares of the chip maker's stock worth $974,842,000 after acquiring an additional 70,733 shares during the period. RBC Capital Markets maintained the shares of INTC in report on Wednesday, October 19 with "Sector Perform" rating. 126,499 were accumulated by Amg National National Bank.

Investors sentiment decreased to 0.76 in 2017 Q2. Its the same as in 2017Q1. 25 funds opened positions while 39 raised stakes. 5,412 were reported by Qci Asset Management Ny. Riverpoint Capital Mngmt Limited Liability Com stated it has 0.06% of its portfolio in Intel Corporation (NASDAQ:INTC). It turned negative, as 25 investors sold UBNT shares while 59 reduced holdings. Sigma Planning Corporation accumulated 0.09% or 14,955 shares. Massachusetts-based Broderick Brian C has invested 1.98% in Intel Corporation (NASDAQ:INTC). The SI to Ceragon Networks Limited's float is 0.61%. Nippon Life Insur Com reported 105,749 shares. Walter And Keenan Fincl Consulting Mi Adv owns 120,278 shares. Ibm Retirement Fund holds 67,431 shares. 243 are owned by Weaver C Barksdale Assoc. Comerica holds 0.61% of its portfolio in Intel Corporation (NASDAQ:INTC) for 121,738 shares. 192,836 were reported by Dowling And Yahnke Ltd Limited Liability Company.

Among 37 analysts covering Citigroup Inc.

Among 11 analysts covering HSBC Holdings (NYSE:HSBC), 3 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Ceragon had 7 analyst reports since August 14, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, September 13 by Citigroup. The firm has "Hold" rating by Deutsche Bank given on Tuesday, January 26. The ex-dividend date of this dividend is Thursday, November 3rd. As per Tuesday, September 15, the company rating was upgraded by BNP Paribas. The firm has "Outperform" rating by Robert W. Baird given on Monday, September 19.



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