Stock Research

Deutsche Bank Raises PT On Broadcom (BRCM) To $45, Reiterates 'Buy'

Posted on May 02, 2012 at 14:22 PM EDT

Deutsche Bank (DB) raised its price target on shares of Broadcom Corp. (NASDAQ:BRCM) to $45 from $40, while reiterating its "Buy" rating on the stock. The bank noted that BRCM delivered better-than-expected 1Q results and guided for solid 2Q growth. [More...]

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Broadcom Corp

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