Deutche Bank Maintains Buy Rating On AVGO

Analysts at Deutsche Bank reiterated its Buy rating on shares of Avago Technologies (AVGO) as well as its $25 price target. In its report, Deutsche Bank states, "We continue to view AVGO as a growth company that carries a valuation in line with more purely cyclical peers." Avago Technologies Limited engages in the design, development, and supply of analog semiconductor devices worldwide.