Analysts: Intel May Be at an Inflection Point and 3 Other Research Notes to Peruse
Intel (NASDAQ:INTC): Credit Suisse says that Intel is at an inflection point and that multiple expansion will be driven by accelerating DCG growth and a shift toward DCG earnings. The shares are Outperform rated with a $30 price target, up from $28.
Broadcom (NASDAQ:BRCM): Susquehanna upgraded Broadcom to Positive from Neutral based on reset expectations and upcoming catalysts that include the iPhone 6 product cycle, potential improvement in networking, and upside from the recent Renesas acquisition. The price target on the shares has been raised to $35 from $33.
Delta Air Lines (NYSE:DAL): JPMorgan upgraded Delta Air Lines to Overweight from Neutral, citing valuation and favorable industry dynamics. The firm raised its price target for the shares to $26 from $22.
Zillow (NASDAQ:Z): Barclays believes Zillow’s rental opportunity is not being factored into consensus estimates and could be a source of material long-term upside. The analyst expects the Street to take notice by year’s end once management provides increased visibility into the monetization strategy. The shares are Overweight rated with a $115 price target.
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