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Broadcom Upside Seen Limited, Downgraded

2015-03-13 22:17:23| Semiconductors - Topix.net

Canaccord analyst Matthew Ramsay, however, said in a research note that Broadcom is well positioned for long-term growth, with solid business fundamentals. Much of its good news is already reflected in the stock price, though, so "we believe other stocks in our coverage universe have more opportunity for upside over the next year," Ramsay wrote.

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