CORRECTING AND REPLACING -- Broadcom Limited Announces Fourth Quarter and Fiscal Year 2016 Financial Results and Interim Dividend

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Go back to CORRECTING AND REPLACING -- Broadcom Limited Announces Fourth Quarter and Fiscal Year 2016 Financial Results and Interim Dividend

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

December 9, 2016 11:04 AM EST

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

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

December 9, 2016 7:48 AM EST

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