Scalper1 News
A better-than-expected earnings report from Avago Technologies (AVGO) gave a shot in the arm to chipmakers, which have been recovering from a summer sell-off. Avago said after the close Wednesday that earnings per share rose 26% from a year ago and sales rose 16%. Thursday morning, Mizuho Securities raised its price target from 165 to 175, and Topeka Capital Markets raised its price target to 153 from 130. The stock gapped higher and is completing Scalper1 News
Scalper1 News