UPDATE: Evercore Raises PT on Broadcom Following Company Analyst Day
December 11, 2013 at 11:42 AM EST
In a report published Wednesday, Evercore Group analyst Patrick Wang reiterated an Overweight rating on Broadcom Corporation (NASDAQ: BRCM ), and raised the price target from $30.00 to $34.00. In the report, Evercore Group noted, “Coming from the Analyst Day, our thesis remains intact as management delivered on several fronts