My Portfolio
My Watchlists
Profile & Performance
Smart Portfolio
Find & Follow Experts
Top Lists
Top Experts
Make Better, Data Driven Investment Decisions
TipRanks tools are all you need to make data-driven investment decisions, conduct comprehensive stock research, find new investment ideas, analyze your portfolio, and follow the best-performing Wall Street experts.
About Us
Plans & Pricing

Jefferies Sticks to Their Hold Rating for Intel (INTC)

Jefferies analyst Mark Lipacis maintained a Hold rating on Intel (INTCResearch Report) on October 22 and set a price target of $49.00. The company’s shares closed last Friday at $49.46.

According to, Lipacis is a top 25 analyst with an average return of 33.6% and a 79.1% success rate. Lipacis covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Smart Global Holdings, and NXP Semiconductors.

The word on The Street in general, suggests a Hold analyst consensus rating for Intel with a $53.86 average price target, representing a 6.9% upside. In a report issued on October 21, Mizuho Securities also downgraded the stock to Hold with a $55.00 price target.

See today’s best-performing stocks on TipRanks >>

Based on Intel’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $19.63 billion and net profit of $5.06 billion. In comparison, last year the company earned revenue of $19.73 billion and had a net profit of $5.11 billion.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Intel manufactures and sells microprocessors, chipsets, flash memory as well as other products and platforms for compute, storage, network and other functions. The company’s data-centric businesses include Data Center Group (DCG), Internet of Things (IOTG), Mobileye, Non-volatile Memory Solutions Group (NSG), Programmable Solutions Group (PSG), with the PC-centric business comprised of Client Computing Group (CCG). It derives a majority of its revenue from platform products, which incorporate various components and technologies, including a microprocessor and chipset, a stand-alone SoC, or multichip package.

Read More on INTC: