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Avago Technologies (AVGO) stock, trading near its all-time high, rose Wednesday, as investment bank Canaccord Genuity raised its price target to 76 from 65. Avago’s radio frequency, or RF, chips are used in smartphones from market leaders Apple (AAPL) and Samsung, among other mobile device companies, Canaccord analyst Michael Walkley wrote in a research note Wednesday. ” … as evidenced by recent tear-down reports, we anticipate strong RF content Scalper1 News
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