Wall Street chalks up biggest gain in four years
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- US stock futures up as chip shares recover, oil prices decline
- Oil falls after OPEC+ agrees to raise output targets
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
MKM Partners Cuts Price Target on Avago Tech (AVGO) Following 3Q15
August 27, 2015 11:28 AM EDTMKM Partners reiterated a Buy rating on Avago Technologies (NASDAQ: AVGO), and cut the price target to $159.00 (from $160.00), following the company's 3Q15 earnings results. AVGO reported a 10c EPS beat of $2.24. Revenue was reported in-line at $1.74B.
Analyst Ian Ing commented, "AVGO reported a $0.10... More
Mizuho Securities Reiterates Buy on Avago Tech (AVGO) Following 3Q EPS Beat
August 27, 2015 9:17 AM EDTMizuho Securities reiterated a Buy rating and $175.00 price target on Avago Technologies (NASDAQ: AVGO) following the company's 3Q15 earnings report. AVGO reported revenue of $1.8B, above consensus of $1.7B. EPS of $2.24 beat consensus estimates of $2.13. Management guided OctQ inline with consensus at $1.85B.... More
Brean Capital Cuts Price Target on Avago Tech (AVGO) Following 3Q15 Results
August 27, 2015 7:00 AM EDTBrean Capital maintained a Buy rating on Avago Technologies (NASDAQ: AVGO), and cut the price target to $170.00 (from $180.00), following the company's 3Q15 earnings report. Avago reported July revenues of $1.75B, above the Streets consensus estimate of $1.74B. EPS of $2.24 beat the Streets consensus estimate of $2.14. Analyst Mike Burton said... More
