Goldman Upgrades Chip Names

Analyst Terry Ragsdale sees stronger fundamentals for Intel and other major semiconductor stocks in the fourth quarter

Goldman Sachs upgraded the U.S. semiconductor device sector to overweight. Goldman also added Analog Devices (ADI ), Intel Corp. (INTC ) and Maxim Integrated (MXIM ) to its recommended list, and upgraded Linear Technology (LLTC ) to market outperform.

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