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Intel price target raised to $32 from $30 at Barclays

Barclays analyst Blayne Curtis raised the firm’s price target on Intel to $32 from $30 and keeps an Equal Weight rating on the shares post the Q2 results. The company beat low hurdle on a quicker PC recovery but there remains little catalysts for growth and a hard transition roadmap to navigate, the analyst tells investors in a research note.

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