UPDATE: Citigroup Reiterates on Intel Following Company Analyst Day

In a report published Friday, Citigroup analyst Glen Yeung reiterated a Neutral rating on Intel Corporation (NASDAQ: INTC ), and raised the price target from $24.00 to $28.00. In the report, Citigroup noted, “On mid- to high-single digit declines in PCCG offset by mid-teens increases in DCG, Intel expects 2014