January 18, 2013 at 12:45 PM EST
UPDATE: Morgan Stanley Reiterates Underweight Rating, Lowers PT on Intel Corporation
In a report published Friday, Morgan Stanley reiterated its Underweight rating on Intel Corporation (NASDAQ: INTC ), but lowered its price target from $22.50 to $20.00. Morgan Stanley noted, “We are positive on Intel's manufacturing leadership, but think they could spend much less without slowing node transitions, and fulfill all
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