Broadcom (BRCM) Tops Q1 EPS by 4c, Offers Q2 Guidance

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Broadcom (BRCM) PT, Estimates Lifted at Brean Capital on Solid 'Beat and Raise'

April 22, 2015 7:10 AM EDT

Brean 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 EDT

Susquehanna 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