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Fly News Breaks for August 16, 2019
AMD, INTC
Aug 16, 2019 | 08:55 EDT
As previously reported, Northland analyst Gus Richard upgraded Intel (INTC) to Market Perform from Underperform as he noted that the negative AMD (AMD) server launch catalyst has now passed and he thinks a value stock such as Intel has odds of outperforming higher multiple stocks during selloffs. He also noted that sentiment on Intel is "nearing a low point."
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