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Fly News Breaks for April 20, 2016
INTC
Apr 20, 2016 | 07:15 EDT
Jefferies analyst Mark Lipacis raised his price target for Intel to $42 following the company's Q1 results saying he sees an upward bias to margin through 2017. The reorganization and data center growth offsetting PC declines should improve operating margin, the analyst contends. He reiterates a Buy rating on Intel shares.
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