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

Brean Capital Reiterates Buy on Apple (AAPL) on Potential Quarter Upsides

August 31, 2015 11:26 AM EDT

Brean Capital reiterated a Buy rating and $170 price target on Apple (NASDAQ: AAPL) on potential September and December quarter EPS upsides. Analyst Ananda Baruah's current view is that AAPL could deliver Sep Q / Dec Q EPS of $2.00 & $3.29 (vs. Street of $1.87 & $3.19) on iPhone units of 47M and 72M and GM of 39.8% and 40.4% (Street at 39.3% and 39.8%).

Baruah... More

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

After-Hours Stock Movers 08/26: (PVH) (AVGO) (SIRI) Higher; (VNET) (WSM) (TLYS) Lower (more...)

August 26, 2015 5:30 PM EDT

21Vianet Group (NASDAQ: VNET) 7.4% LOWER; reported Q2 EPS of (RMB0.28), versus (RMB0.16) reported last year. Revenue for the quarter came in at RMB866.8 million, versus RMB658 million reported last year. 21Vianet Group sees Q3 2015 revenue of RMB900-940 million. FY revenue is seen at RMB3.58B-$3.68 billion vs prior guidance of RMB3.91B-4.11 billion.

Williams-Sonoma (NYSE: WSM) 5.8% LOWER; reported Q2 EPS of $0.58, in-line with the analyst estimate of $0.58. Revenue for the quarter came in at $1.13 billion versus the... 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

Wall Street chalks up biggest gain in four years

August 26, 2015 6:13 AM EDT

By Noel Randewich

(Reuters) - Wall Street racked up its biggest one-day gain in four years on Wednesday as fears about China's economy gave way to bargain hunters emboldened by expectations the U.S. Federal Reserve might not raise interest rates next month.

Led by Silicon Valley stalwarts Apple, Amazon and Google, the surge put the brakes on a six-day losing streak that saw the S&P 500 surrender 11 percent.

In a sign that a faltering Chinese economy and slumping global financial markets could affect U.S. monetary policy, New York Fed President William Dudley said the... More

Trading Radar for 8/26: Abercrombie & Fitch (ANF), PVH Corp. (PVH), RBC (RY), Express (EXPR), Avago (AVGO) Report

August 25, 2015 2:17 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

8:30am EDT

Durable Orders - Street sees (0.6%)

Earnings:

Abercrombie & Fitch (NYSE:... More

CLSA Upgrades Avago Technologies (AVGO) to Buy

August 25, 2015 8:09 AM EDT

CLSA upgraded Avago Technologies (NASDAQ: AVGO) from Outperform to Buy with a price target of $150.00.

For an analyst ratings summary and ratings history on Avago Technologies click here. For more ratings news on Avago Technologies click here.

Shares of Avago Technologies closed at $109.94 yesterday.

... More