With few analysts surprised by Intel's (INTC -1.3%) 2011 PC forecast cut, estimates and price...

|About: Intel Corporation (INTC)|By:, SA News Editor

With few analysts surprised by Intel's (INTC -1.3%) 2011 PC forecast cut, estimates and price targets are moving higher following Q2 results. Needham is encouraged by strong pricing, and MKM Partners touts Intel's "dominant technology position." However, Nomura believes Q3 guidance is too optimistic, given Seagate's (STX -16.1%) weak forecast. (PR) (transcript)