Broadcom competitive concerns overblown, says William Blair William Blair said its recent channel checks indicate competitive concerns for Broadcom are overblown. The firm says it does not see any serious competitive threat to the company's leadership in the connectivity space in mobile device. William Blair keeps an Outperform rating on the stock.
Broadcom pullback a buying opportunity, says Canaccord Canaccord said the pullback in Broadcom due to weakness in the semiconductor space is a buying opportunity. The firm believes the company is well positioned for steady long-term growth in its Home and Infrastructure businesses. Canaccord reiterates its Buy rating on Broadcom but lowers its price target to $45 from $46.