Argus Starts Avago Technologies (AVGO) at Buy

June 24, 2015 8:22 AM EDT
Get Alerts AVGO Hot Sheet
Price: $380.15 -3.06%

Rating Summary:
    51 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 14 | New: 26
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Argus initiates coverage on Avago Technologies (NASDAQ: AVGO) with a Buy rating and a price target of $163.00.

The firm notes, "Avago has a demonstrated ability to integrate and profit from acquired assets." The Broadcom deal is among the largest ever in the Technology sector,

For an analyst ratings summary and ratings history on Avago Technologies click here. For more ratings news on Avago Technologies click here.

Shares of Avago Technologies closed at $141.64 yesterday.



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