Apple, Samsung Cellphone Filter Orders Lift Avago

By | March 17, 2014

Scalper1 News

The stock of chipmaker Avago Technologies (AVGO) was up 1.5% in afternoon trading in the stock market today after UBS Investment Research lifted its price target to 70 from 60 on the company’s improving prospects in the FBAR filter product market. FBARs are radio-frequency filters used in cellphones and other wireless products to allow only specific frequencies to be transmitted to the devices. Avago’s customers for its FBAR products include Apple Scalper1 News

Scalper1 News