Broadcom: LTE Chip Could Win Apple Business, Says RBC
Shares of chip maker Broadcom (BRCM) are down 2 cents at $33.69 despite an upbeat note this morning from RBC Capital’s Doug Freedman, who reiterates an Outperform rating, and a $45 price target, writing that the company’s announcement this morning of a chip for “long-term evolution,” or LTE, the wireless broadband standard, could finally help [...]
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