UPDATE: Cantor Fitzgerald Reiterates Buy Rating, Lowers PT on Broadcom Corporation
In a report published Wednesday, Cantor Fitzgerald reiterated its Buy rating on Broadcom Corporation (NASDAQ: BRCM ), but slightly lowered its price target from $40.00 to $39.00. Cantor Fitzgerald noted, “Broadcom reported a solid quarter with results better than our estimates and consensus. Revenue guidance calls for a q-q decline
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