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Fly News Breaks for July 23, 2019
INTC
Jul 23, 2019 | 07:19 EDT
Benchmark analyst Ruben Roy started Intel with a Hold rating, stating that he thinks that upside catalysts may be limited in the medium-term due to increasing competition and the uncertain macro environment. He noted that his 2019 and 2020 estimates are below consensus, primarily due to more conservative near-term assumptions about its data center sales.
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