Intel: Citi Ups Target to $35, But PCs and iPhone Won’t Save Them

Tech Trader Daily
By Tiernan RayJun 30, 2016, 1:31 pm181 pts
Shares of Intel (INTC) are up 72 cents, or 2%, at $32.65, after Citigroup’s Christopher Danely this morning raised his price target on the stock to $35 from a prior $31, based on PC trends and a win with Apple (AAPL), but sees only fleeting advantages in those two developments. On the matter of a…

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