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Fly News Breaks for August 21, 2015
INTC
Aug 21, 2015 | 08:54 EDT
Baird lowered its price target on Intel to $25 from $32 citing the flattish PC outlook for both Q3 and Q4. The firm also sees declining PC processor shipments, flattish Enterprise procurement, and the potential delay in the introduction of the notebook version of Skylake. Baird maintained its Neutral rating on Intel shares.