UPDATE: Wedbush Raises PT to $41 on Broadcom Following Analyst Day
December 07, 2012 at 10:56 AM EST
Wedbush reiterated its Outperform rating on Broadcom (NASDAQ: BRCM ) and raised its price target from $39 to $41. Wedbush commented, "BRCM highlighted its strong market position driven by powerful scale and footprint across its end markets and leadership from relentless execution. BRCM noted it is focused