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News Breaks | | | | December 14, 2012 | | 15:16 EDT |  | AVGO | Avago falls sharply on Apple supplier order cuts, levels to watch
The shares are down over 7.8% at time of writing, following several other component suppliers to Apple (AAPL) to the downside. Jefferies issued a note earlier today on Apple reducing orders to suppliers. At the current price of $31.03, next support is at the low of the session at $30.51. Resistance is at $31.45. | |
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News For AVGO From The Last 14 Days Check below for free stories on AVGO the last two weeks. |
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| May 20, 2013 | | 08:38 EDT |  | AVGO | Avago multiples poised to expand, says RBC Capital
RBC Capital expects Avago to report stronger than expected results but reiterate its guidance. The firm expects the stock's multiple to expand based on stronger mobile builds and share gains in improving markets. It keeps a $42 price target and Outperform rating on the stock. | | | May 16, 2013 | | 09:04 EDT | | AVGO | Cisco results positive for semiconductors space, says Brean Capital
 Subscribe for More Information | | | May 15, 2013 | | 17:46 EDT |  | AVGO | SAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), . | | | May 8, 2013 | | 09:09 EDT | | AVGO | Finisar not primary source for Arista's 100G Optics, says Jefferies
Jefferies says its channel checks indicate that contrary to recent reports, Avago (AVGO), not Finisar (FNSR), is the current primary source for the board mounted optics used in Arista's new 7500E switch. Further, Jefferies' channel checks indicate steep price erosion at 100G. The firm reiterates an Underperform rating on shares of Finisar with a $7.50 price target. | |
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