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Summit Research Cuts Price Target on Intel (INTC) as Headwinds Continue
April 18, 2016 6:53 AM EDTSummit Research maintained a Buy rating on Intel (NASDAQ: INTC), and cut the price target to $37.00 (from $38.00), as PC and server headwinds continue to hinder company sales.
Analyst Srini Sundararajan commented, "Per Gartner, Worldwide PC shipments totaled 64.8M units in... More
