Intel Corp (INTC)

[VeeCee]

Here is downgrade from one analyst. It is amazing how these folks don't get it.
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Nomura Securities maintains a 'Reduce' on Intel (NASDAQ: INTC) price target of $25.00.
Analyst, Romit Shah, said, "The Intel investor meeting has been an interesting show thus far. No major announcements have been unveiled. The discussion has been focused around reinventing the PC with Ultrabook, capitalizing on data center and Internet growth, and bringing the best of Intel technologies. Key points from our perspective include the following: 1) Personal computing: Incremental growth will continue to come from emerging regions; 2) Ultrabooks: We see risk of a stall ahead of Windows 8 but coming out there should be good demand for Ultrabooks; 3) Ivy Bridge processor: Intel will be shipping 2mn units per week by the end of June; 4) Mobile " Momentum is growing; 5) "Manufacturing " It s hard to see how Intel will fill available 22nm capacity over the next year. That said, from a competitive standpoint, Intel s lead continues to grow. High-k metal gate lead is around 3.5 years and Tri-gate lead of 4 years."
For an analyst ratings summary and ratings history on Intel click here. For more ratings news on Intel click here.
Shares of Intel closed at $27.19 yesterday, with a 52 week range of $19.16-$29.27.