Intel Corporation's R&D Grows as Marketing Expenses Shrink
Microprocessor giant Intel (NASDAQ: INTC) reported solid second-quarter financial results on July 27, topping revenue and earnings per share estimates for the quarter and even raising its full-year revenue and profit outlook for the year.
It was a strong showing from the chip giant, and it looks like it's going to be smooth sailing for the company for the remainder of the year.
Image source: Intel.
Source: Fool.com
Intel Corp. Stock
€17.74
1.450%
Currently there is a rather positive sentiment for Intel Corp. with 27 Buy predictions and 14 Sell predictions.
Based on the current price of 17.74 € the target price of 38 € shows a potential of 114.18% for Intel Corp. which would more than double the current price.
