- JPMorgan's Harlan Sur has resumed coverage on Broadcom Limited (NASDAQ:AVGO +2.1%), known as Avago prior to the Broadcom merger, with an Overweight rating and $170 target. He cites the company's strong data center and broadband/connected home positions.
- Credit Suisse has reinstated coverage with an Outperform rating and $160 target. Topeka Capital has launched at Hold.
- Broadcom is following equity markets higher. FQ1 results are expected in the coming weeks.
Broadcom (formerly Avago) gets bullish JPMorgan/Credit Suisse coverage
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Symbol | Last Price | % Chg |
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AVGO | - | - |
Broadcom Inc. |