Intel Corp (INQ) Given a $49.00 Price Target at Bank of America Corporation

Intel Corp (NYSE:INQ) received a $49.00 price target from research analysts at Bank of America Corporation in a report issued on Friday, October 27th. The brokerage currently has a “buy” rating on the stock.

Several other equities analysts have also commented on the stock. Nomura set a $45.00 target price on shares of Intel Corp and gave the company a “buy” rating in a report on Friday, October 27th. Jefferies Group LLC set a $32.00 target price on shares of Intel Corp and gave the company a “sell” rating in a report on Friday, October 27th. Credit Suisse Group set a $42.00 target price on shares of Intel Corp and gave the company a “neutral” rating in a report on Friday, October 27th. Morgan Stanley set a $39.00 price target on shares of Intel Corp and gave the company a “neutral” rating in a report on Friday, October 27th. Finally, J P Morgan Chase & Co set a $53.00 price target on shares of Intel Corp and gave the company a “buy” rating in a report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Intel Corp presently has a consensus rating of “Hold” and a consensus price target of $43.78.

Intel Corp (INQ) remained flat at $$3.50 during mid-day trading on Friday. Intel Corp has a 12 month low of $33.71 and a 12 month high of $47.25.

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