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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: matt dillabough who wrote (183569)3/1/2006 8:11:52 AM
From: matt dillabough  Read Replies (1) | Respond to of 186894
 
37 INTC Intel tgt cut to $30 from $35 at Stifel (20.60 ) -Update-

Stifel lowers their tgt on INTC to $30 from $35 saying they completed a round of checks with their contacts both at Intel and throughout the manufacturing supply chain, which point to a relatively slow 1Q that they believe is stabilizing at a slower run-rate and likely to come in at the low-end of the co's original guidance, at best. The firm believes Intel suffered through a January that was much weaker than expected, which then looks to have stabilized through February, although at January's lower base.