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Fly News Breaks for July 16, 2015
INTC
Jul 16, 2015 | 07:56 EDT
Needham upgraded Intel to Buy and established a $37 price target on shares following the above consensus Q2 report and guidance. The firm raised revenue and margin estimates considering the anticipated improvement form increasing yields at 14nm and lower capital intensity, strength in growth businesses, and expectations investor sentiment will improve.
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