Intel Corp. (NASDAQ: INTC) was downgraded to Hold from Buy and the price target was cut to $38 from $43 at Canaccord Genuity. Intel closed down 2.5% at $35.46 on Thursday and was indicated down 0.3% at $35.35 on Friday. Intel's 52-week range is $28.14 to $38.45, and it has a consensus price target of $41.15.