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Fly News Breaks for May 28, 2015
BRCM, AVGO
May 28, 2015 | 15:33 EDT
Oppenheimer raised its estimates for Avago (AVGO) and hiked its price target on the stock to $155 from $140 following the company's earnings report and deal for Broadcom (BRCM), which the firm views as "transformative." Oppenheimer maintains its Outperform rating on Avago.
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