Buoyant techs propel Europe stocks to 2-wk high
* FTSEurofirst 300 up 1 pct, gaining ground for 3rd day
* Tech shares get Intel boost
* Banks among the top gainers, led by HSBC, BBVA, SocGen
* For up-to-the-minute market news, click on [STXNEWS/EU]
PARIS, July 15 (Reuters) - European stocks rose to a two-week high on Wednesday, as forecast-beating earnings from Intel (INTC.O), Johnson & Johnson (JNJ.N) and Goldman Sachs (GS.N) reassured investors on the outlook for corporate profits.
At 0800 GMT, the FTSEurofirst 300 .FTEU3 index of top European shares was up 1 percent at 848.36 points, gaining ground for the third consecutive day.
Tech stocks were among the biggest gainers, with the DJ STOXX European technology index .SX8P up 2.6 percent. Nokia (NOK1V.HE) climbed 4.1 percent, Infineon (IFXGn.DE) advanced 4.1 percent and STMicroelectronics (STM.PA) put on 4.5 percent.
Alcatel-Lucent (ALUA.PA), upgraded to "buy" by Banc of America Merrill Lynch, surged 7.2 percent.
"Upward pressure on the share price will come from those investors who buy into the new management at Alcatel-Lucent, and from the fact that margins will likely move from negative to positive over the course of this year helped by seasonality and initial impact of cost-cutting," Banc of America Merrill Lynch analysts wrote in a note.
After the bell on Wall Street on Tuesday, Intel Corp's (INTC.O) quarterly results and outlook trumped analyst forecasts on better-than-expected consumer demand for PCs, especially in Asia.
Johnson & Johnson and Goldman Sachs also pleased investors on Tuesday with better-than-expected results.
However, Goldman's strong results are not necessarily a preview of what to expect from all the banks, said Marie-Pierre Peillon, head of equity and credit research at Groupama Asset Management, in Paris.
"We're in the process of making the distinction between the winners and the losers. Goldman is one of the winners, but other banks are still struggling," she said.
