Deutsche Bank Reiterates Buy Rating, $33 PT for Intel Corporation

In a company update published earlier today, Deutsche Bank AG reiterated its Buy rating and $33.00 price target for Intel Corporation (NASDAQ: INTC).

Deutsche Bank went on to say “Intel is not immune to effects of a slowing global economy but we believe the company is executing extremely well and has an impressive product roadmap across PCs, Server, and handsets. We believe the company will continue to outgrow many of its peers while delivering superior cash returns to shareholders.”

Intel Corporation closed yesterday at $26.98.

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