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Oppenheimer Raises Price Target on Broadcom Ltd. (AVGO) Ahead of 3Q Report

August 31, 2016 9:52 AM EDT

Oppenheimer reiterated an Outperform rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $190.00 (from $180.00), ahead of the company's 3Q earnings report.

Analyst Rick Schafer commented, "Broadcom (AVGO) reports F3Q (July) results after the close Thursday. We see a... More