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Fly News Breaks for May 18, 2018
AVGO
May 18, 2018 | 07:40 EDT
Cowen analyst Matthew Ramsay assumed coverage of Broadcom with an Outperform rating and called it a Top Pick citing its numerous leadership franchises, sector leading margins, and free cash flow yield. Ramsay lowered the price target to $300 from $315 on Broadcom shares.
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