Apple to Acquire Majority of Intel’s Smartphone Modem Business

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Intel (INTC) PT Raised to $65 at Baird

July 26, 2019 6:49 AM EDT

Baird analyst Tristan Gerra raised the price target on Intel (NASDAQ: INTC) to $65.00 (from $60.00) while maintaining a Outperform rating.

The analyst comments "Reiterating Outperform rating on improving FCF and gross margin stabilization driven notably by 10nm yield improvements, improving overall execution, and... More