Analysts: Intel’s Growth Expectations Look Aggressive and 3 More Research Notes to Check Out

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Intel Corp. (NASDAQ:INTC):Bernstein believes Intel expectations for growth as well as attendant loading plans appear aggressive, and the firm expects a repeat of last years events where Intel continued to build product in hopes of the Ivy Bridge refresh. The firm says that Intel was forced to cut loadings and inventories at year end, adding that PCs are not a growth market and views risk as further price declines in the core business as considerable. It rates the shares at Underperform, with an $18 price target.

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