Broadcom Limited Announces Fourth Quarter and Fiscal Year 2016 Financial Results and Interim Dividend

Broadcom (AVGO) PT Raised to $205 at Argus

Argus reiterated a Buy rating and raised its price target on Broadcom Limited (NASDAQ: AVGO) to $205.00 (from $195.00) following strong Q4 results.

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Shares of Broadcom Limited closed at $179.09 yesterday.

MKM Partners Raises Price Target on Broadcom Ltd. (AVGO) to $207 Following 4Q Beat

MKM Partners reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $207.00 (from $193.00), following the company's 4Q earnings report. Broadcom reported a $0.09 EPS beat helped by wireless, enterprise storage, and gross margins.

Analyst Ian Ing commented, "Guidance was comfortably... More

Broadcom (AVGO) PT Raised to $210 at Brean Capital

Brean Capital analyst Mike Burton reiterated a Buy rating and boosted his price target on Broadcom Limited (NASDAQ: AVGO) to $210.00 (from $205.00) following results.

Burton commented, "Consistent with recent quarters, AVGO reported a beat and raise off product cycles in its Wireless and... More

Broadcom (AVGO) PT Raised to $215 at Oppenheimer

Oppenheimer analyst Rick Schafer reiterated an Outperform rating and raised his price target on Broadcom Limited (NASDAQ: AVGO) to $215.00 (from $200.00) following the latest 'beat and raise'.

Schafer commented, "We are raising our estimates and PT on AVGO following management's latest beat/... More

Jefferies Raises Price Target on Broadcom Ltd. (AVGO) to $210 Following 4Q

Jefferies reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $210.00 (from $209.00), following the company's 4Q earnings report. AVGO reported sales and EPS of $4.15bn/$3.47 beating the consensus estimates of $4.14bn/$3.38 on upside from Wireless and Storage. Management... More