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Jefferies Starts Avago Technologies (AVGO) at Buy

July 19, 2011 7:27 AM EDT
Get Alerts AVGO Hot Sheet
Price: $392.43 -0.14%

Rating Summary:
    50 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Jefferies initiates coverage on Avago Technologies (NASDAQ: AVGO) with a Buy rating and $45 price target.

The firm cites: 1) High Smartphone and Data Center exposure, 2) Dominant mkt share in FBA

For more ratings news on Avago Technologies click here and for the rating history of Avago Technologies click here.

Shares of Avago Technologies closed at $35.00 yesterday.


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