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Stifel Raised Price Target on Intel (INTC) to $37 Following 4Q earnings and Outlook

January 15, 2016 9:15 AM EST

Stifel reiterated a Buy rating on Intel (NASDAQ: INTC), and raised the price target to $37.00 (from $36.00), following the company's 4Q earnings report, and outlook. Revenue of $14.9bn was up 3.1% q/q and up 1.6% y/y, above the prior guidance midpoint and the Streets estimate of... More