Intel "buy"

19.09.07 - Stifel Nicolaus

NEW YORK, September 19 (newratings.com) - Analysts at Stifel Nicolaus & Company maintain their "buy" rating on Intel Corporation (INTC). The target price is set to $31.

In a research note published this morning, the analysts mention that the company?s recent Developer Forum indicated that the positive trends witnessed over the initial two months of the current quarter have continued. Intel is on schedule for the target launch of its 45nm Penryn and Nehalem offerings, the analysts say. The company intends to launch its new solid state drives in 2008, Stifel Nicolaus & Company adds.