Broadcom (AVGO) PT Raised to $209 at Jefferies Following 'Beat and Raise'

Brean Capital Raises Price Target on Broadcom Ltd. (AVGO) to $205 Following 3Q

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 Raises Price Target on Broadcom Ltd. (AVGO) to $200 Following 3Q

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

Cowen Boosts PT on Broadcom (AVGO) to $205; 'Beat and Raise' Becoming Par for the Course

Cowen and Company lifts its price target on Outperform-rated Broadcom Ltd. (NASDAQ: AVGO) from $200 to $205 following Q3 results released on Thursday night.

Analyst Timothy Arcuri offered the following commentary: AVGO has been our top pick since initiating and [the company's quarterly] call continued to reinforce and validate our conviction. The company collected ~$600MM from divestitures and paid down $1.3B of long-term debt while taking... More

Baird Reiterates Outperform on Broadcom Ltd. (AVGO) Following Solid 3Q

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 Remains Bullish on Broadcom Ltd. (AVGO) Following Strong 3Q

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 Raises Price Target on Broadcom Ltd. (AVGO) Following Solid 3Q Results

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

Broadcom's (AVGO) Price Target Raised to $205 at Deutsche Bank

Deutsche Bank maintained a Buy rating on Broadcom Limited (NASDAQ: AVGO) and raised its price target to $205.00 (from $200.00). The change follows the release of Q3 earnings. Analyst Ross Seymore noted steady execution.

"AVGO delivered solid revenues on the quarter/guide (albeit with... More

Broadcom Ltd. (AVGO) Tops Q3 EPS by 12c, Offers Outlook

Broadcom Ltd. (NASDAQ: AVGO) reported Q3 EPS of $2.89, $0.12 better than the analyst estimate of $2.77. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.76 billion.

GUIDANCE:

Fourth Quarter Fiscal Year 2016 Business... More