NASDAQ Stocks Hitting 52-Week Highs (NFLX, BRCM, DAKT, AVGO)

Netflix Inc NFLX shares reached $191.57 to create a new 52-week high, before falling to $191.25, representing a 1.56% gain. Analysts at Piper Jaffray lifted their price target on NFLX from $180 to $202. Broadcom Corporation BRCM shares rose 1.36% to touch a new 52-week high of $44.62. BRCM announced its plans to purchase Gigle Networks Inc for $75 million. Daktronics Inc DAKT shares jumped 6.98% to create a new 52-week high of $13.64. DAKT reported upbeat FQ2 results. Avago Technologies Limited AVGO shares reached $26.03 to create a new 52-week high, before falling to $25.99. AVGO is all set to report its Q4 and FY10 results on December 2. Read more from Benzinga's Markets.