Form 8-K Broadcom Ltd For: May 31 Filed by: Broadcom Cayman L.P.

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Cowen Lifts PT on Broadcom (AVGO) to $200; Says Company Firing on All Cylinders

June 3, 2016 8:10 AM EDT

Cowen and Company lifts its price target on Outperform-rated Broadcom (Nasdaq: AVGO) from $190 to $200 folllowing solid Q2 results and outlook issued Thursday night.

Analyst Tim Arcuri commented today, AVGO has been our top pick since our recent initiation and today's call reinforced and validated our conviction.

The company is... More