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Fly News Breaks for November 20, 2015
INTC
Nov 20, 2015 | 07:22 EDT
As noted earlier, JMP Securities upgraded Intel to Outperform from Market Perform. After conducting checks, the firm thinks the company is benefiting from strengthening cloud prospects and diminishing execution risk. JMP believes that Intel has made significant progress on server chips, is in the midst of an earnings trough, and is poised to reported higher revenue and margins in 2016. Target $45.
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