Cowen Boosts PT on Broadcom (AVGO) to $205; 'Beat and Raise' Becoming Par for the Course
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Brean Capital Raises Price Target on Broadcom Ltd. (AVGO) to $205 Following 3Q
September 2, 2016 9:58 AM EDTBrean 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
September 2, 2016 9:40 AM EDTOppenheimer 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
Broadcom's (AVGO) Price Target Raised to $200 at Pacific Crest
September 2, 2016 8:20 AM EDTPacific Crest maintained an Overweight rating on Broadcom Limited (NASDAQ: AVGO) and raised its price target of $200.00 (from $180.00). The price target increase follows the release of Q3 results.
Analyst John Vinh commented on the company's performance, saying, "While AVGO posted strong results and... More
Baird Reiterates Outperform on Broadcom Ltd. (AVGO) Following Solid 3Q
September 2, 2016 8:16 AM EDTBaird 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
Broadcom (AVGO) PT Raised to $209 at Jefferies Following 'Beat and Raise'
September 2, 2016 7:56 AM EDTJefferies analyst Mark Lipacis reiterated a Buy rating and bumped his price target on Broadcom Limited (NASDAQ: AVGO) to $209.00 (from $190.00) following 'beat and raise' quarter.
commented, "AVGO beat and raised again, with upside in JulQ from Wireless (iPhone 7) and Industrial (restocking) and Storage (HDD... More
RBC Capital Remains Bullish on Broadcom Ltd. (AVGO) Following Strong 3Q
September 2, 2016 7:41 AM EDTRBC 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
