Piper Jaffray calls Intel's (INTC) reduced Q1 outlook "disappointing" but says it continues to expect a modest consumer refresh cycle later this year to partially offset the declines in the corporate segment. It keeps an Overweight rating on Intel. Piper notes it still views Micron (MU) positively despite the weakness in PCs highlighted by Intel. It finds the stock attractively valued.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here