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Fly News Breaks for July 16, 2015
INTC
Jul 16, 2015 | 07:27 EDT
UBS noted Intel's data center chip sales growth was healthy while the company saw weak PC demand in the second quarter. The firm believes the stock will outperform if the company can manage relatively flattish PC demand and continue to grow its data center and mobility businesses. UBS reiterated its Buy rating and $33 price target on Intel shares.