The original initiated price of this coverage was $46.98. Over the time span of this coverage, the underlying security paid 3 dividends, comprising 0.8% dividend income.
The story hasn't changed here...just the price target. Broadcom has done well, and it is up against resistance at the moment, and I think it will push through. 55 in the next 45 days I think is in fact doable, but I'm a conservative investor, and well - this is a long term play.
I will be adding a few shares of Broadcom to my Mobile Internet Portfolio come Monday (or maybe Tuesday depending on market action/earnings) as a play on 4G - one of the formats is going to win, and either way that is a win for Broadcom: