Broadcom (BRCM) PT Lifted to $50 at BofA/Merrill Lynch After SOTP Analysis
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Broadcom (BRCM) PT Raised to $48 at FBR Capital
September 8, 2014 6:22 AM EDTFBR Capital analyst Christopher Rolland reiterated an Outperform rating and raised his price target on Broadcom (NASDAQ: BRCM) to $48.00 (from $45.00) citing the company's networking opportunity.
Rolland commented, "We believe the movement toward open hardware platforms for networking equipment is long overdue. Integrated equipment vendors like Cisco have... More
