Bank of America Comments On Broadcom's Upcoming Conference Call (BRCM)

In a recent report from Bank of America, Broadcom (NASDAQ: BRCM) is preparing for their upcoming conference call to discuss current trends and competitive differentiators that are effecting the company. EVP and GM of Broadcom's Mobile and Wireless Group, Robert A. Rango, will be speaking at the conference call. Rango has been with the company since 2002 and currently leads many of Broadband's activities.

The May 25th conference call will discuss mass market android smartphone opportunities, growth drivers for baseband, Broadcom's position in 2G, 3G & 4G markets and growth drives for connectivity, attach rates, WiFi, GPS, Bluetooth, and NFC standards. As they prepare for the conference call, Bank of America maintains a $48.00 price target and a Buy rating on Broadcom.

BRCM closed yesterday at $33.36.