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Stock Market & Financial Investment News

News Breaks
May 29, 2014
16:15 EDTAVGOAvago reports Q2 EPS 85c, consensus 76c
Reports Q2 revenue $701M, consensus $678.54M. Non-GAAP gross margin was $381M, or 54% of net revenue,which compares with gross margin of 52% of net revenue last quarter and 51% of net revenue in the same quarter last year.
News For AVGO From The Last 14 Days
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April 7, 2015
12:21 EDTAVGOBattleground stock: Analysts clash on Skyworks outlook
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08:50 EDTAVGORF names' weakness creates buying opportunity, says MKM Partners
MKM Partners says that the performance of RF names has been "choppy" lately, even though the stocks are exposed to one of the best defensible growth stories in its coverage. It says that weakness in China is likely limited to the low end of the domestic market. The firm raised its price target on Qorvo (QRVO) to $95 from $87, on Skyworks (SWKS) to $116 from $86, and on Avago (AVGO) to $148 from $130. It keeps Buy ratings on all three names.

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