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Rating: AVGO
Hold $130

Avago Tech (NASDAQ: AVGO) rated to Hold with price target $130 by Topeka Capital Markets

Thursday,  Aug 13, 2015  2:25 PM ET by Lynn Gilbert

Topeka Capital Markets rated
Avago Tech (NASDAQ: AVGO) to Hold with price target $130.

Avago Technologies Limited is a designer, developer and global supplier of a range of analog semiconductor devices with a focus on III-V-based products. The Company?s product portfolio includes approximately 7,000 products in four primary target markets: industrial and automotive electronics, wired infrastructure, wireless communications, and consumer and computing peripherals. Applications for its products in these target markets include cellular phones, consumer appliances, data networking and telecommunications equipment, enterprise storage and servers, factory automation, displays, optical mice and printers. Avago Technologies Limited?s locations include two design centers in the United States, four in Asia and three in Europe. The Company has developed a portfolio of intellectual property that includes more than 5,000 United States and foreign patents and patent applications.

Topeka Capital Markets

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