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INTC Hiked at UBS, Calls Hewlett-Packard a Short-Term Buy

By Market News Video Staff, Monday, November 8, 10:28 AM ET

UBS (NYSE:UBS) hiked its rating on Intel (NASDAQ:INTC) today, to buy from neutral. UBS has a $25 price target on the company. Intel shares are trading up 1.2% today.

Intel is the #2 stock in the Semiconductor HOLDRS (AMEX:SMH) fund, at 20.5% of the holdings, behind Texas Instruments (TXN), at 22.02%. The fund is trading up 0.4% Monday.

UBS also added HP (NYSE:HPQ) to its list of short-term buys. HP is the #3 holding in the Internet Architecture HOLDRS fund (IAH), at 17.55% of the portfolio, behind IBM (IBM) and Apple (AAPL). HP is trading higher by 1.3% today.

Find the right mix of model portfolios today at PortfolioChannel.com


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INTC Hiked at UBS, Calls Hewlett-Packard a Short-Term Buy | Market News Video | Copyright © 2008 - 2012, All Rights Reserved

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