BRCM: Canaccord Sees Upside on Apple Biz, Networking Pickup
In advance of Broadcom’s (BRCM) analyst day, this Thursday, December 6th, Canaccord Genuity’s Bobby Burleson this morning reiterates a Buy rating on the shares and a $40 price target, writing that his “upstream supply checks” show there’s “momentum” among its suppliers that may be signaling the company can beat expectations for this quarter. Burleson’s estimate [...]
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