Avago Technologies Limited Announces Third Quarter Fiscal Year 2015 Financial Results

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MKM Partners Cuts Price Target on Avago Tech (AVGO) Following 3Q15

August 27, 2015 11:28 AM EDT

MKM 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 EDT

Mizuho 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

Avago (AVGO) PT Bumped to $180 at Jefferies Amid Strong Print

August 27, 2015 8:54 AM EDT

Jefferies analyst Mark Lipacis reiterated a Buy rating and bumped his price target on Avago Technologies (NASDAQ: AVGO) to $180.00 (from $179.00) following solid results after the close,.

Lipacis commented, "AVGO's JulQ beat expectations by $0.12 due mostly to better gross margins,... More

Brean Capital Cuts Price Target on Avago Tech (AVGO) Following 3Q15 Results

August 27, 2015 7:00 AM EDT

Brean 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

Avago Tech (AVGO) Tops Q3 EPS by 10c; Guides Q4 Revenue

August 26, 2015 4:04 PM EDT

Avago Tech (NASDAQ: AVGO) reported Q3 EPS of $2.24, $0.10 better than the analyst estimate of $2.14. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.74 billion.

Avago Tech sees Q4 revenue at $1.383 billion, +/- $25 million. The Street is at $1.86... More