Analysts: Investor Day an Impetus for lntel and 3 More Research Notes to Check Out
Intel Corp. (NASDAQ:INTC): Jefferies says it’s a buyer of Intel shares ahead of the company’s investor day on November 21; the firm expects the event to be a positive catalyst and keeps a Buy rating on Intel with a $30 price target.
Twitter Inc. (NYSE:TWTR): RW Baird analyst Colin Sebastian has a positive bias on Twitter, but prefers investors wait for more attractive entry points, remarking that investors’ expectations are trending well ahead of the published estimates; the firm initiated Twitter with a Neutral rating and $48 price target.
3D Systems Corp. (NYSE:DDD): William Blair says 3D Systems’s 30 percent organic revenue growth in the third quarter was closer to 22 percent-23 percent when excluding revenue related to reseller inventory; the firm believes the company’s lowered outlook was inevitable given that “original guidance was never attainable.” William Blair keeps an Underperform rating on 3D Systems, noting that at $76, the stock trades at 63 times its 2014 adjusted earnings per share estimate of $1.21.
Cisco Systems Inc. (NASDAQ:CSCO): Bank of America Merrill Lynch expects Cisco’s first-quarter revenues to come in at the low end of $12.23 billion-$12.47 billion guidance range and expects the tone of the quarter to be “subdued”; the firm maintains its Buy rating on Cisco Systems due to the company’s potential share gains in its growth industries.
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