Facebook Rises On Price Target Increase, Intel Falls On Price Cut

twocents@thestreet.com (Dawn Kawamoto), The Street
Wed, 07/01/2015 - 3:50pm

NEW YORK (TheStreet) -- Facebook jumped Wednesday after receiving a price target increase ahead of its earnings. Intel edged lower after an analyst issued a price target cut on the chip maker. Twitter lost ground as talk of a Google buyout of the company eased.Facebook rose 1.3% to close at $86.91. Read More: 11 Safe High-Yield Dividend Stocks for Times of Volatility and Uncertainty The social media giant got a boost after a Cantor Fitzgerald analyst increased its price target to $100 from $92.

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Facebook Rises On Price Target Increase, Intel Falls On Price Cut

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