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Professor MD

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Professor MD

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Monday, 12/15/2014 5:40:00 PM

Monday, December 15, 2014 5:40:00 PM

Post# of 151678
Bank Of America targets $43 for INTC.

Bank Of America Highlights On Intel From Asia Analyst Day.

The firm’s “bull-case for Intel is based on a $3 EPS power by 2016 (vs. our $2.82, Street’s $2.56), and with multi-year double digit EPS growth driving 15x-20x forward PE, in line with prior periods when Intel had such sustained EPS growth,” according to an analyst note issued Sunday
The firm maintained a Buy rating on Intel and $43 price target

http://finance.yahoo.com/news/bank-america-highlights-intel-asia-202804323.html

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