Macquarie Upgrades Intel (INTC) to Outperform, AMD (AMD) to Neutral
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Rating Summary:
23 Buy, 25 Hold, 6 Sell
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Today's Overall Ratings:
Up: 7 | Down: 4 | New: 10
Rating Summary:
23 Buy, 25 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 4 | New: 10
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This morning an analyst at Macquarie upgraded the stocks of two of the largest players in the Semiconductor space, Intel (Nasdaq: INTC) and AMD (NYSE: AMD).
The firm now rates Intel shares an Outperform, up from Neutral previously, and now rates AMD shares a Nuetral, up from the prior rating of Underperform.
Macquarie boosted its price target on Intel from $20.20 to $24.90 and its target on AMD from $6.60 to $7.70.
In the pre-market session, shares of Intel and AMD are up 1.6% to $20.38 and $7.45, respectively.
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The firm now rates Intel shares an Outperform, up from Neutral previously, and now rates AMD shares a Nuetral, up from the prior rating of Underperform.
Macquarie boosted its price target on Intel from $20.20 to $24.90 and its target on AMD from $6.60 to $7.70.
In the pre-market session, shares of Intel and AMD are up 1.6% to $20.38 and $7.45, respectively.
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