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Benchmark says time to get more positive on Intel (INTC), upgrades to buy

April 28, 2023 8:57 AM EDT

Benchmark analyst Cody Acree upgraded Intel (NASDAQ: INTC) to Buy from Hold, with a $39 price target in a note Friday that the worst is baked into the first half, and it is time to get more constructive.

Intel shares are up more than 6%... More