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Fly News Breaks for June 14, 2019
AVGO
Jun 14, 2019 | 07:07 EDT
Citi analyst Christopher Danely lowered his price target for Broadcom to $300 from $320 while keeping a Buy rating on the shares following last night's fiscal Q2 results. The analyst believes the company' earnings are "close to a bottom" and he points out the stock's valuation is below its peer average.
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