Scalper1 News
Radio-frequency chipmakers Avago Technologies (AVGO) and Qorvo got upgrades and price target hikes Monday on growth potential from the China-driven 4G LTE rollout. Equity research firm D.A. Davidson analyst Thomas Diffely upgraded both Avago and Qorvo (QRVO) to buy from neutral in research reports Monday. He also hiked Avago’s price target to 150 from 125, and Oorvo’s to 100 from 70. “While we estimate the 4G LTE device market in China grew from Scalper1 News
Scalper1 News