Broadcom Ltd. (AVGO) Raises Quarterly Dividend 2% to $0.51; 1.2% Yield
- Futures falter as Meta Platforms weighs on megacaps
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Brean Capital Raises Price Target on Broadcom Ltd. (AVGO) to $205 Following 3Q
September 2, 2016 9:58 AM EDTBrean Capital reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $205.00 (from $200.00), following the company's 3Q earnings report. AVGO reported revenues of $3.802B vs. Street consensus of $3.756B. EPS of $2.89 beat the Street consensus of $2.77. AVGO also guided FQ4 non-GAAP revenue to $4.1B +/- $75M vs. Street at $4.056B.... More
Oppenheimer Raises Price Target on Broadcom Ltd. (AVGO) to $200 Following 3Q
September 2, 2016 9:40 AM EDTOppenheimer reiterated an Outperform rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $200.00 (from $190.00), following the company's 3Q earnings report. AVGO reported revenue of $3.80B, ahead of the consensus estimate of $3.76. EPS of $2.89 also bested consensus at $2.77.
Analyst Rick... More
Baird Reiterates Outperform on Broadcom Ltd. (AVGO) Following Solid 3Q
September 2, 2016 8:16 AM EDTBaird reiterated an Outperform rating and $205.00 price target on Broadcom Limited (NASDAQ: AVGO) following the company's 3Q earnings report. AVGO reported non-GAAP EPS of $2.42, well above the consensus of $2.30. Revenues of $3,802 million was above the midpoint of the guidance range of $3,675-$3,825 million.
Analyst... More
RBC Capital Remains Bullish on Broadcom Ltd. (AVGO) Following Strong 3Q
September 2, 2016 7:41 AM EDTRBC Capital reiterated a Top Pick rating and $190.00 price target on Broadcom Limited (NASDAQ: AVGO) following the company's 3Q report. AVGO reported above expectations with non-GAAP revenues of $3.80B ahead of the Street at $3.76B. EPS of $2.89 came in ahead of $2.77 estimates.
Analyst Amit... More
Mizuho Securities Raises Price Target on Broadcom Ltd. (AVGO) Following Solid 3Q Results
September 2, 2016 7:17 AM EDTMizuho Securities reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $200.00 (from $190.00), following the company's 3Q earnings report. AVGO reported revenues of $3.8B, ahead of the Street's $3.76B. EPS came in at 2.89 versus consensus' $2.77.
Analyst Vijay... More