(Bloomberg) -- Intel Corp. was upgraded to
``overweight'' from ``equal weight'' at Lehman Brothers, which
said a new series of semiconductors designed for laptop computers
may boost revenue and earnings growth.
The world's largest computer-chip maker may also benefit
from improving margins and a share price that is ``reasonable''
relative to the company's earnings, analyst Tim Luke wrote in a
note. Price cuts on the new chips, called Santa Rosa, that are
scheduled for later this year may increase demand, he wrote.
Read more at Bloomberg Stocks News
``overweight'' from ``equal weight'' at Lehman Brothers, which
said a new series of semiconductors designed for laptop computers
may boost revenue and earnings growth.
The world's largest computer-chip maker may also benefit
from improving margins and a share price that is ``reasonable''
relative to the company's earnings, analyst Tim Luke wrote in a
note. Price cuts on the new chips, called Santa Rosa, that are
scheduled for later this year may increase demand, he wrote.
Read more at Bloomberg Stocks News
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