Broadcom Limited (AVGO) PT Raised to $260 at Rosenblatt Following Earnings Report

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Broadcom Limited (AVGO) PT Raised to $250 at Argus

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

Broadcom Limited (AVGO) PT Range Raised to $215-$230 at Wells on 4Q Results; 'Sales Strong, Gross Margins Falling'

March 2, 2017 8:09 AM EST

Wells Fargo analyst David Wong raised its price target range on Broadcom Limited (NASDAQ: AVGO) to $215.00-$230.00 (from $150.00-$180.00) while maintaining a Market Perform rating, as the company delivered solid 4Q numbers driven by growth in wired, enterprise storage and industrial... More

Broadcom Limited (AVGO) PT Raised to $260 at Jefferies

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

Broadcom Limited (AVGO) PT Raised to $255 at Deutsche Bank

March 2, 2017 6:49 AM EST

Deutsche Bank raised its price target on Broadcom Limited (NASDAQ: AVGO) to $255.00 (from $235.00) while maintaining a Buy rating.

Analyst Ross Seymore comments "AVGO's strong beat/raise is clearly a positive, but we are most impressed by the co's improving FCF generation... More

Broadcom Limited (AVGO) PT Raised to $245 at UBS

March 2, 2017 6:17 AM EST

UBS raised its price target on Broadcom Limited (NASDAQ: AVGO) to $245.00 (from $225.00) while maintaining a Buy rating.

Analyst Stephen Chin comments "Broadcom's wireless sales (28% of total sales) in the Jan-17 quarter were down 13% qoq given seasonal weakness at Apple. But its Apr-17 wireless... More

Broadcom Limited (AVGO) PT Raised to $250 at Mizuho Securities

March 2, 2017 4:25 AM EST

Mizuho Securities raised its price target on Broadcom Limited (NASDAQ: AVGO) to $250.00 (from $210.00) while maintaining a Buy rating.

Analyst Vijay Rakesh comments "AVGO reported a solid JanQ Rev/EPS of $4.1B/$3.63, well above consensus of $4.1B/$3.48; if you thought CEO Hock... More

Broadcom Limited (AVGO) PT Raised to $245 at Morgan Stanley

March 2, 2017 4:20 AM EST

Morgan Stanley raised its price target on Broadcom Limited (NASDAQ: AVGO) to $245.00 (from $240.00) while maintaining a Overweight rating.

Analyst Craig Hettenbach comments "We reiterate our Overweight rating and view of AVGO as a core investment holding. The company was able to clear a... More

Broadcom Limited (AVGO) PT Raised to $240 at RBC Capital

March 2, 2017 4:18 AM EST

RBC Capital raised its price target on Broadcom Limited (NASDAQ: AVGO) to $240.00 (from $230.00) while maintaining a Top Pick rating.

Analyst Amit Daryanani keeps AVGO as a Top Pick and list 3 tailwinds that should be of benefit to AVGO over the coming... More

Broadcom Limited (AVGO) PT Raised to $260 at Baird

March 2, 2017 4:16 AM EST

Baird raised its price target on Broadcom Limited (NASDAQ: AVGO) to $260.00 (from $205.00) while maintaining a Outperform rating.

Analyst Tristan Gerra remains bullish on the semiconductor outlook for 2017 and remains positive on Broadcom.

"Reiterating Outperform rating on valuation, a bullish semiconductor outlook for the year,... More

Broadcom Limited (AVGO) PT Raised to $248 at Goldman Sachs

March 2, 2017 4:14 AM EST

Goldman Sachs raised its price target on Broadcom Limited (NASDAQ: AVGO) to $248.00 (from $222.00) while maintaining a Buy rating.

Analyst Toshiya Hari comments "We see 4 key reasons to remain bullish on the stock. 1) Diversity = stability: 1QFY revenue was flat... More

Broadcom Limited (AVGO ) PT Raised to $240 at Barclays

March 2, 2017 4:11 AM EST

Barclays raised its price target on Broadcom Limited (NASDAQ: AVGO ) to $240.00 (from $230.00) while maintaining a Overweight rating.

Analyst Blayne Curtis remains encourage with AVGO efforts to achieve 45% OpM, which Curtis believes could attract interest from dividend income investors.

"Content gains at Samsung help offset normal AAPL... More

Broadcom Limited (AVGO) PT Raised to $240 at Cowen

March 2, 2017 4:08 AM EST

Cowen raised its price target on Broadcom Limited (NASDAQ: AVGO) to $240.00 (from $210.00) while maintaining a Outperform rating.

Analyst Tim Arcuri admits the upside case for AVGO shares is harder to make but sees enough goo dnews to push shares to $240-$250.

"Stock... More

Broadcom Ltd. (AVGO) Declares Interim Cash Dividend of $1.02

March 1, 2017 4:43 PM EST

Broadcom Ltd. (NASDAQ: AVGO) Board of Directors has approved a quarterly, interim cash dividend of $1.02 per ordinary share. A corresponding distribution will also be paid by the Partnership, of which the Company is the General Partner, to holders of REUs, in the... More

Broadcom Ltd. (AVGO) Tops Q1 EPS by 17c

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

Broadcom Limited (AVGO) PT Raised to $240 at Oppenheimer Ahead of 3/1 4Q Report; 'Sees Upside to Consensus'

February 28, 2017 8:30 AM EST

Oppenheimer and Co. analyst Rick Schafer raised its price target on Broadcom Limited (NASDAQ: AVGO) to $240.00 (from $215.00) while maintaining a Outperform rating ahead of fiscal fourth quarter results expected after the close Wednesday, suggesting upside to consensus projections.

Schafer comments, "Broadcom... More