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Piper Jaffray Maintains an Overweight Rating on Intel (INTC) Following Supply Chain Meetings

June 3, 2015 7:32 AM EDT

Piper Jaffray maintains an Overweight rating and $38.00 price target on Intel (NASDAQ: INTC) following a supply chain meeting. Analyst Ruben Roy says that the PC market remains sluggish, but with the Windows 10 launch scheduled for July 29th, there is optimism for a Q3 comeback.

Roy commented, "While... More