Intel is a buy now that the worst is priced into the chip stock, Benchmark said. Analyst Cody Acree upgraded the semiconductor firm to buy from hold, saying that investors should get more "constructive" on the stock after its better-than-expected earnings results. Benchmark wasn't the only Wall Street firm to upgrade Intel post earnings. Wedbush also upgraded the chip stock to neutral from underperform, and raised its price target to $30 from $20. "Net, we no longer see a near-term catalyst that might push revenue and earnings below recent results," Bryson wrote Friday.

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