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Wealth firms expand Intel stakes after EPS beats estimates

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Sig1.80Sen+3.78Env0.00Soc0.00Gov+0.10

MBA Advisors LLC increased its Intel stake by 105.4% in the second quarter, adding 5,386 shares to hold 10,494 shares, while Angeles Wealth Management LLC and other funds also boosted holdings. Intel posted quarterly EPS of $0.42, topping the $0.21 consensus. Analysts raised targets, including Wedbush to $98 and Bank of America to $160, while maintaining positive stances.

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