Daiichi Life Insurance Takes Position in Intel as EPS Tops Forecast
Daiichi Life Insurance Co. Ltd. added a new position in Intel, buying 226,775 shares worth about $31.7 million. Legal & General Group also increased its stake. Intel reported quarterly EPS of $0.42 and revenue of $16.13 billion, beating consensus estimates of $0.21 EPS and $14.43 billion revenue. Benchmark raised its target to $140 with a buy rating.