Power chip maker ON Semi to buy Fairchild to head off competition

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Cowen Reiterates Market Perform on Intel (INTC) Based on Growth Prospects

November 20, 2015 8:19 AM EST

Cowen reiterated a Market Perform rating on Intel (NASDAQ: INTC), and raised the price target to $35.00 (from $34.00), on better growth prospects in DCG and GM tailwinds. INTC as a whole is less reliant on PCs than in the past and its PC business is... More