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From Mobileye Purchase To 5G Modems, Intel's Investments Could Hurt Chances Of Positive Returns
Wednesday, March 15, 2017 - 11:56am | 421Intel Corporation (NASDAQ: INTC) announced that it was acquiring Mobileye NV (NYSE: MBLY), with the deal expected to close over the next nine months. Canaccord Capital’s Matthew Ramsay maintained a Hold rating on Intel, with a price target of $38. Impact Of Acquisition Expressing a mixed...