Analysts: PC Weakness Poses Risk to Intel and 3 More Research Notes to Explore

Intel (NASDAQ:INTC): JPMorgan believes Intel’s guidance for double-digit growth in the second half of the year is too aggressive given the company’s 85 percent exposure to the PC segment. The firm thinks continued PC demand weakness adds risk to the consensus estimates, for both Intel and AMD (NYSE:AMD).


Fresh Market (NASDAQ:TFM): Piper Jaffray has raised its price target for Fresh Market to $67 from $57 ahead of the company’s second-quarter results. It recommends using any potential pullback following the report as a buying opportunity, and thinks that the results could present a buying opportunity due to a “slightly disappointing comp.” The firm keeps an Overweight rating on the stock.


Best Buy (NYSE:BBY): Barclays expects Best Buy to report second-quarter earnings per share of 13 cents versus the consensus of 12 cents, and continues to see upside to share driven by recent changes, the Microsoft partnership to create Windows stores within a store, cost cuts, and top-line growth. The shares are Overweight rated with a price target raised to $38 from $30.


New York Community Bancorp (NYSE:NYCB): Citigroup views shares of New York Community Bancorp as expensive following the recent rally. It reiterates a Sell rating on the stock, noting that the bank’s organic earnings growth prospects are weak, and it sees risk of a dividend cut over the next 12 months. The firm has a $12.50 price target for the shares.


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