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Piper Jaffray Downgrades Intel (INTC) to Underweight

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Intel (INTC) Price Target Raised at Jefferies; Greater Probability of Upside

June 10, 2013 6:57 AM EDT

Jefferies analyst Mark Lipacis boosted his price target on Intel (NASDAQ: INTC) from $24 to $27 but stopped short of upgrading the stock and maintained a Hold rating. The analyst sees a greater chance for upside in the second-half and is more constructive on the stock after last... More