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Brean Capital reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $205.00 (from $200.00), following the company's 3Q earnings report. AVGO reported revenues of $3.802B vs. Street consensus of $3.756B. EPS of $2.89 beat the Street consensus of $2.77. AVGO also guided FQ4 non-GAAP revenue to $4.1B +/- $75M vs. Street at $4.056B.... More
Oppenheimer reiterated an Outperform rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $200.00 (from $190.00), following the company's 3Q earnings report. AVGO reported revenue of $3.80B, ahead of the consensus estimate of $3.76. EPS of $2.89 also bested consensus at $2.77.
Analyst Rick... More
Baird reiterated an Outperform rating and $205.00 price target on Broadcom Limited (NASDAQ: AVGO) following the company's 3Q earnings report. AVGO reported non-GAAP EPS of $2.42, well above the consensus of $2.30. Revenues of $3,802 million was above the midpoint of the guidance range of $3,675-$3,825 million.
Analyst... More
RBC Capital reiterated a Top Pick rating and $190.00 price target on Broadcom Limited (NASDAQ: AVGO) following the company's 3Q report. AVGO reported above expectations with non-GAAP revenues of $3.80B ahead of the Street at $3.76B. EPS of $2.89 came in ahead of $2.77 estimates.
Analyst Amit... More
Mizuho Securities reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $200.00 (from $190.00), following the company's 3Q earnings report. AVGO reported revenues of $3.8B, ahead of the Street's $3.76B. EPS came in at 2.89 versus consensus' $2.77.
Analyst Vijay... More
UPGRADES
SunTrust Robinson Humphrey upgrades VMware (NYSE: VMW) from Neutral to Buy.
Baird lifts McDonald's (NYSE: MCD) from Neutral to Outperform with a price target of... More
Cowen reiterated an Outperform rating and $200.00 price target on Broadcom Limited (NASDAQ: AVGO) ahead of the company's 3Q earnings report.
Analyst Timothy Arcuri commented, "While we see this year's iPhone launch quarter as down a bit Y/Y, content gains in... More
Citi resumed coverage on Broadcom Limited (NASDAQ: AVGO) with a Buy rating.
For an analyst ratings summary and ratings history on Broadcom Limited click here. For more ratings news on Broadcom Limited click here.
Shares of Broadcom Limited closed at $177.40 yesterday.
... MoreBrean Capital reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $200.00 (from $190.00), ahead of the company's 3Q earnings report. Brean Capital is expecting revenues and EPS to be above Street expectations, largely driven by strength in the its Data Center, Networking and Wireless end markets.
Analyst Mike Burton... More
Mizuho Securities maintained a Buy rating and $190.00 price target on Broadcom Limited (NASDAQ: AVGO) ahead of the company's 3Q earnings report. Mizuho is expecting revenues and EPS of $3.8B/$2.76, compared to the consensus of $3.8B/$2.77, with a GM of 60.0% vs. consensus of 60.0%.... More
RBC Capital analyst, Amit Daryanani, reiteragted Broadcom Limited (NASDAQ: AVGO) as his Top Pick ahead of earnings on 9/1. The analyst believes AVGO will show Revenue upside as well as EPS upside due to:
1) Better AAPL trends given implied sell through at... More
