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Friday, 03/27/2015 10:28:50 AM

Friday, March 27, 2015 10:28:50 AM

Post# of 151677
Union de Banks Suisse (UBS) is bullish on Intel

Wall Street has been taking this stock (INTC) to the woodshed throughout almost the entire first quarter. The iconic chip giant had a stellar 2014 on the tailwind from continued PC and notebook sales. The stock has underperformed the S&P 500 by a massive 14% year to date, and recently the company dramatically lowered estimates for the first quarter, an event that wasn’t altogether unexpected.
Wall Street analysts have pointed out that so-called earnings confessions are not that unusual in the chip world, and history suggests buying the confession pays in semiconductors. Many are of the opinion that the recent earnings warning announcement is a stellar opportunity for investors to buy a quality stock like Intel.
Intel investors are paid an outstanding 3.21% dividend. Deutsche Bank has its price target set at $38. The consensus target is much lower at $34.70. Shares closed trading on Thursday at $30.08.

http://247wallst.com/technology-3/2015/03/27/despite-huge-chip-plunge-deutsche-bank-bullish-on-4-stocks/

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