Form 8-K/A Avago Technologies LTD For: May 28

Go back to Form 8-K/A Avago Technologies LTD For: May 28

MKM Partners Lifts PT on Avago (AVGO) to $160; No Other Suitors for Broadcom (BRCM) Expected

May 29, 2015 11:32 AM EDT

MKM Partners boosts its price target on Avago Technologies Limited (Nasdaq: AVGO) from $149 to $160 following Broadcom (Nasdaq: BRCM) deal and Q1 results.

Analyst Ian Ing commented, We think this large strategic deal accelerates the takeout of fabless networking/comms... More