Broadcom Reports First Quarter 2015 Results
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Broadcom (BRCM) PT, Estimates Lifted at Brean Capital on Solid 'Beat and Raise'
April 22, 2015 7:10 AM EDTBrean Capital analyst Mike Burton reiterated a Buy rating and boosted his price target on Broadcom (NASDAQ: BRCM) to $59.00 (from $53.00) following solid 'beat and raise' Q1.
Burton commented, "Broadcom reported a beat & raise as their Broadband & Connectivity segment performed better than expected on... More
Broadcom (BRCM) Price Target Lifted to $54 at Susquehanna Post Q1
April 22, 2015 6:54 AM EDTSusquehanna analyst Chris Caso reiterated a Positive rating and lifted his price target on Broadcom (NASDAQ: BRCM) to $54.00 (from $52.00) following results.
Caso commented, "BRCM put up another solid quarter which we think continues to demonstrate both stability in the business and benefits to shareholders from the companys... More
Broadcom (BRCM) Tops Q1 EPS by 4c, Offers Q2 Guidance
April 21, 2015 4:06 PM EDT(Updated - April 21, 2015 4:56 PM EDT)
Broadcom (NASDAQ: BRCM) reported Q1 EPS of $0.64, $0.04 better than the analyst estimate of $0.60. Revenue for the quarter came in at $2.06 billion versus the consensus estimate of $2.01 billion.
"Broadcom delivered better-than-expected results in the March quarter driven by... More
