re: Another way of saying he increased the PE ratio on Intel. The price target increases for Intel reflect the Wall Street view that Intel should be awarded a higher PE going forward. Wall street giving Intel a low PE has been a big drag in recent years. Now if Intel can deliver on the earnings side the price should move up nicely.
Not only Intel. In general, big caps are moving toward higher valuations like pre 2000. The PE average is still pretty low, around 17 or so...
News 
Market Data 
Discover 
