Pacific Crest Starts Avago Technologies (AVGO) at Outperform

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Avago Technologies (AVGO) Target Lifted Sharply at RBC Capital on Earnings Power

March 28, 2014 7:33 AM EDT

RBC Capital analyst Doug Freedman reiterated an Outperform rating on Avago Technologies (NASDAQ: AVGO) and boosted his price target from $66 to $78 on a higher multiple given earnings power following the LSI deal close.

Freedman is positive on the ability to meet... More