Cowen Lifts PT on Broadcom (AVGO) to $200; Says Company Firing on All Cylinders

Brean Capital Raises Price Target on Broadcom Ltd. (AVGO) Following 2Q Report

Brean Capital reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $190.00 (from $180.00), following the company's 2Q earnings report. Avago reported revenues of $3.56B vs. the Street consensus of $3.55B. Reported EPS of $2.53 also beat consensus estimates of $2.38.... More

Oppenheimer Raises Price Target on Broadcom Ltd. (AVGO) as Wired Drives 2Q Upside

Oppenheimer reiterated an Outperform rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $180.00 (from $170.00), following the company's 2Q earnings report. AVGO reported revenues of $3.6B, coming in ahead of the consensus estimate of $3.55B. Non-GAAP EPS of $2.53 also bested consensus estimates at $2.38. Wired drove 2Q... More

Jefferies Raises Price Target on Broadcom Ltd. (AVGO) Following 2Q EPS Beat

Jefferies reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $190.00 (from $180.00), following the company's 2Q earnings report. Sales of $3.6B were in line with consensus, but non-GAAP EPS of $2.53 were $0.15 above consensus of $2.38 due largely to faster... More

Broadcom Limited (AVGO) Marching to a $14 EPS in FY17; PT Up to $205 - UBS

UBS analyst, Stephen Chin is increasingly confident in his Broadcom Limited (NASDAQ: AVGO) estimates and raised his PT to $205 from $190. No change to the Buy rating.

Broadcom continues to show solid quarterly execution in its core wireline and wireless segments and remains ahead of schedule on the merger cost synergy target of $750M. He is less concerned with the lumpiness in wireless chip... More

Broadcom (AVGO) volatility elevated into better than expected Q2 and guidance

Broadcom (NASDAQ: AVGO) is recently up $11.07 to $165.98 in the premarket after reporting Q2 EPS $2.53, compared to consensus $2.38 and better than expected guidance. June weekly call option implied volatility is at 113, June is at 50, July is at 37 compared to its 52-week range of 29 to 67.

Drexel Hamilton Raises Price Target on Broadcom Ltd. (AVGO) to $192 Following 2Q Beat

Drexel Hamilton reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $192.00 (from $169.00), following the company's 2Q earnings report. Broadcom delivered Q2 revenue of $3.56 billion compared to the Street consensus of $3.54 billion. EPS of $2.53 compared to the consensus of $2.38.... More

Broadcom (AVGO): LT Sustainability Over NT Positive Results; PT Up to $199 - Sterne Agee CRT

Sterne Agee CRT analyst, Douglas Freedman, reiterated Broadcom Limited (NASDAQ: AVGO) as his top-pick after another beat-and-raised quarter. The Wired segment now accounts for more than 50% of revenue and AVGO appears well-positioned to capitalize on the secular trend from network spending (Switch, router, WiFi,... More

Stocks with Implied Volatility Movement

EMC (NYSE: EMC) 27, Broadcom (NASDAQ: AVGO) 40 implied volatility is above its IV index mean

AMD (NYSE: AMD) 59, Wal-Mart (NYSE: WMT) 16 implied volatility is... More

Broadcom Ltd. (AVGO) Declares $0.50 Quarterly Dividend; 1.5% Yield

Broadcom Ltd. (NASDAQ: AVGO) declared a quarterly dividend of $0.50 per share, or $2 annualized.

The dividend will be payable on June 30, 2016, to stockholders of record on June 17, 2016, with an ex-dividend date of June 15, 2016.

The annual yield on the dividend is 1.5 percent.

For... More

Broadcom Ltd. (AVGO) Tops Q2 EPS by 15c, Sales In-Line

Broadcom Ltd. (NASDAQ: AVGO) reported Q2 EPS of $2.53, $0.15 better than the analyst estimate of $2.38. Revenue for the quarter came in at $3.54 billion versus the consensus estimate of $3.55 billion.

"We delivered solid second quarter revenue, while exceeding EPS expectations for our first quarter operating as a combined... More