MKM Partners Lifts PT on Avago (AVGO) to $160; No Other Suitors for Broadcom (BRCM) Expected

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Go back to MKM Partners Lifts PT on Avago (AVGO) to $160; No Other Suitors for Broadcom (BRCM) Expected

Intel (INTC) Near Deal to Acquire Altera (ALTR) at $54/Share

June 1, 2015 6:16 AM EDT

Altera Corp (NASDAQ: ALTR) is up 5.7% early to $51.65 amid reports over the weekend from the Wall Street Journal that Intel (NASDAQ: INTC) is near a long-anticipated deal to acquire the company for $54 per share. A... More

Avago (AVGO) PT Raised to $170 at Canaccord Genuity Amid Broadcom (BRCM) Deal

May 29, 2015 9:05 AM EDT

Canaccord Genuity analyst T. Michael Walkley reiterated a Buy rating and boosted his price target on Avago Technologies (NASDAQ: AVGO) to $170.00 (from $145.00) after the company agreed to acquire Broadcom (NASDAQ: BRCM), creating a eading global diversified semiconductor... More

Avago Technologies (AVGO) PT Raised to $180 at Brean Capital

May 29, 2015 6:24 AM EDT

Brean Capital analyst Mike Burton reiterated a Buy rating and boosted his price target on Avago Technologies (NASDAQ: AVGO) to $180.00 (from $145.00) following the announced takeover of Broadcom, saying the deal should be accretive.

Burton commented, "Avago reported solid quarterly results and guidance... More

Cowen Downgrades Broadcom (BRCM) to Neutral Amid Takeover; Sees Competing Bid as Unlikely

May 29, 2015 6:20 AM EDT

Cowen downgraded Broadcom (NASDAQ: BRCM) from Outperform to Neutral with a price target of $58.00 (from $52.00).

Analyst Timothy Arcuri commented,... More