UPDATE: D.A. Davidson Raises PT on Avago Technologies Following Solid FQ3 Revenue
August 28, 2013 at 10:57 AM EDT
In a report published Wednesday, D.A. Davidson analyst Thomas Diffely reiterated a Neutral rating on Avago Technologies Ltd. (NASDAQ: AVGO ), and raised the price target from $39.00 to $41.00. In the report, D.A. Davidson noted, “Avago reported FQ3 revenue of $644 million (up 14.6% sequentially) and pro-forma EPS of
