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Intel Stock Upgraded by Barclays

Posted by admin On December - 22 - 2009

Barclays Capital upgraded its investment rating on Intel shares to overweight from market weight, sending the chip maker’s stock up 46 cents, or 2.3%, to 20.09, on the Nasdaq.

The technology-heavy Nasdaq Composite gained 25.97, or 1.17%, to 2237.66, its highest close since September 2008. The Standard & Poor’s 500 index increased 11.58, or 1.05%, to 1114.05

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