Berkeley CSUA MOTD:Entry 43443
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2025/05/23 [General] UID:1000 Activity:popular
5/23    

2006/6/20-24 [Finance/Investment] UID:43443 Activity:nil
6/20    http://www.forbes.com/2006/06/19/intel-0619markets13.html
        I don't get it.  Why does INTC stock stay relatively flat / decline
        after a big brokerage changes the rating from Neutral to Buy, and
        increases the price target from $21 to $23?  All the major indices
        are up too.
        \_ I don't think too many investors care about the ratings. I know
           I don't.
2025/05/23 [General] UID:1000 Activity:popular
5/23    

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Cache (1308 bytes)
www.forbes.com/2006/06/19/intel-0619markets13.html
people ) to "buy" from "neutral" and upped the price target to $23 from $21. UBS analyst Thomas A Thornhill said the upgrade was due to improved longer-term gross margins and near-term operating-margin leverage that make Intel more competitive. Other catalysts driving growth at Intel include accelerating year-over-year processor unit growth trends, sustained growth with less volatility and a better-than-expected outlook, which Thornhill said could help stabilize market share between Intel and its No. At its current valuation, Thornhill said Intel stock is a good buy for investors seeking reasonable upsides with manageable risks. Still, the analyst cautioned there were risks to his forecast for Intel. For one, the financial markets' current weak outlook on the economy could negatively impact Intel sales growth, which has historically paralleled global gross domestic product growth. Thornhill added that near-term issues could hold down the stock, or Advanced Micro Devices could prove to be more resilient and detrimental to Intel's business model than expected. Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minutes for NYSE/AMEX US indexes are delayed at least 15 minutes with the exception of Nasdaq, Dow Jones Industrial Average and S&P 500 which are 2 minutes delayed.