Longbow Research analyst, Shawn Harrison, reiterated a Neutral rating on Broadcom Limited (NASDAQ: AVGO). AVGO reiterated FY19 guidance for sales of $24.5B, a 51.0% non-GAAP EBIT margin, and $10B of FCF.

AVGO continues to see mid/high band PAD share recovery in the iPhone vs. QRVO. AVGO is also bullish on RF content growth for FY19 ahead of 5G given the adoption of more FBAR frequency bands, Wi-Fi 6, and other products, which is a positive for peers.

For an analyst ratings summary and ratings history on Broadcom Limited click here. For more ratings news on Broadcom Limited click here.

Shares of Broadcom Limited closed at $268.20 yesterday.

Analyst Comments

Broadcom Limited (AVGO) PT Raised to $325 at BofA/Merrill LynchMarch 15, 2019 7:07 AM Broadcom Limited (AVGO) PT Raised to $270 at BMO CapitalMarch 15, 2019 6:58 AM Broadcom (AVGO) Conservative Guidance And EPS Beat Drive PT To $320 At Credit SuisseMarch 15, 2019 6:40 AM Broadcom Limited (AVGO) PT Raised to $310 at MKM PartnersMarch 15, 2019 6:37 AM Broadcom Limited (AVGO) PT Lowered to $275 at CowenMarch 15, 2019 6:28 AM Broadcom Limited (AVGO) PT Raised to $300 at UBSMarch 15, 2019 6:18 AM Broadcom Limited (AVGO) PT Raised to $305 at Mizuho SecuritiesMarch 15, 2019 5:10 AM Options expected to have increasing volume: AVGO ADBE ORCLMarch 15, 2019 4:48 AM Options expected to have increasing volume: AVGO ADBE ORCLMarch 15, 2019 4:48 AM Broadcom Limited (AVGO) PT Raised to $280 at MacquarieMarch 15, 2019 3:43 AM Broadcom Limited (AVGO) PT Raised to $275 at BarclaysMarch 15, 2019 3:40 AM Broadcom Limited (AVGO) PT Raised to $339 at SunTrust March 15, 2019 3:35 AM After-Hours Movers 03/14: (CATS) (AVGO) (ULTA) Higher; (ASNA) (KOPN) (ORCL) (more...)March 14, 2019 5:58 PM Broadcom (AVGO) Tops Q1 EPS by 32c, Maintains FY Revenue OutlookMarch 14, 2019 4:17 PM Broadcom Inc. Announces First Quarter Fiscal Year 2019 Financial Results and Quarterly DividendMarch 14, 2019 4:15 PM Broadcom’s Leading Networking, Compute and Storage Technologies Support a Broad Set of OCP InitiativesMarch 14, 2019 1:05 PM Broadcom (AVGO) call put ratio 1.4 calls to 1 put with focus on March 270 calls and puts into EPSMarch 14, 2019 10:11 AM Qorvo (QRVO) Seen Having New Design Win - OTR GlobalMarch 14, 2019 9:36 AM Broadcom Announces Industry’s First Complete Portfolio of OCP NIC 3.0 Adapters for Data Center and Cloud InfrastructureMarch 13, 2019 11:00 AM Broadcom (AVGO) calls active on open into EPSMarch 13, 2019 9:40 AM Broadcom (AVGO) IV increases into EPS and order growth outlookMarch 13, 2019 4:22 AM Options expected to have increasing volume: ULTA AVGO ORCL NKE UA UAAMarch 13, 2019 3:55 AM