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Avago Technologies – Another Earnings Beat And A Road To $140

Mar. 03, 2015 2:15 PM ETAVGO
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Avago Technologies (AVGO), once again, surpassed Wall Street consensus. Second quarter outlook remains in line. We are inclined to keep our bullish view on Avago Technologies as the company is witnessing top line growth, and positive earnings revisions are not halting. It was mentioned in the previous update that Avago will beat on EPS and the stock will head higher.

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