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Catalyst Capital's Massive Intel Buy Boosts Stake by Over 1000% [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
The firm now holds 49,522 shares of the semiconductor giant, having purchased an additional 45,432 shares during the period, with a current value of approximately $1,162,000. Warning! GuruFocus has detected 8 Warning Signs with INTC. This trend was mirrored in the third quarter by several other hedge funds that either entered into positions with Intel or increased their existing stakes. Notably, new stakes were initiated by America First Investment Advisors LLC at $25,000 and Cyrus J. Lawrence LLC at $27,000. Spartan Fund Management Inc. and Financial Connections Group Inc. took positions worth $31,000 and $32,000, respectively, while Triad Wealth Partners LLC invested $33,000. Wall Street analysts present a cautiously optimistic yet generally reserved outlook on Intel's stock. After several revisions, Robert W. Baird raised the price target from $20.00 to $25.00 while maintaining a neutral rating. Conversely, HSBC downgraded its rating from "hold" to "reduce," Deutsche Bank low
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