Broadcom Limited Announces First Quarter Fiscal Year 2017 Financial Results and Interim Dividend
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March 3, 2017 7:46 AM EST
Argus raised its price target on Broadcom Limited (NASDAQ: AVGO) to $250.00 (from $205.00) while maintaining a Buy rating.
The analyst commented, "BUY-rated Broadcom Ltd. (NGS: AVGO) opened its October 2017 fiscal year by reporting above-consensus results for fiscal 1Q17, reflecting broad-based... More
March 2, 2017 9:13 AM EST
Rosenblatt raised its price target on Broadcom Limited (NASDAQ: AVGO) to $260.00 (from $250.00) while maintaining a Buy rating. Broadcom reported flattish q/q sales of $4.15 billion for the January quarter slightly above $4.07 billion expectations. Non-GAAP EPS of $3.63 was well above consensus of $3.48.
Analyst... More
March 2, 2017 6:59 AM EST
Jefferies raised its price target on Broadcom Limited (NASDAQ: AVGO) to $260.00 (from $210.00) while maintaining a Buy rating following strong results/outlook. The expect 100% FCF and 50% dividend growth in FY17.
Analyst Mark Lipacis commented, "AVGO beat & raised and reiterated its commitment to... More
March 1, 2017 4:03 PM EST
Broadcom Ltd. (NASDAQ: AVGO) reported Q1 EPS of $3.63, $0.17 better than the analyst estimate of $3.46. Revenue for the quarter came in at $4.14 billion versus the consensus estimate of $4.08 billion.
Broadcom sees Q2 revenue of $4.025-$4.175 billion, versus the consensus of $3.9... More
