Broadcom Could Recoup Brocade Purchase in Five Years with Arris Deal, Says RBC

Tech Trader Daily
By Tiernan RayFeb 22, 2017, 12:12 pm102 pts
RBC Capital’s Amit Daryanani today reiterates a “Top Pick” designation on chip maker Broadcom (AVGO), and a $230 price target, following a report yesterday by Reuters’s Liana Baker, citing multiple unnamed sources, claiming cable network technology provider Arris (ARRS) is preparing to acquire a…

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