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HSBC raises Intel: 'Limited downside but still too early to turn bullish'

By Yahoo! Finance   |   1 day ago
HSBC raises Intel: 'Limited downside but still too early to turn bullish'

HSBC upgraded Intel from Reduce to Hold, noting limited downside post a stock correction. Despite concerns about Intel's strategy, the stock is fairly priced, meeting the $20 target price. HSBC maintains a cautious stance, awaiting signs of recovery before turning bullish.

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