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Intel’s stock sinks after Goldman turns bearish, slashes price target

“Hari lowered the stock price target to $44, which is 12% below Thursday’s closing price of $50.14, from $53” writes Reporter Editor for Intel shares have gained 8.6% year to date through Thursday, while the PHLX Semiconductor Index SOX, -1.05% has rallied 11% and the S&P 500 SPX, -0.14% has gained 6.7%.

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