Broadcom Limited (AVGO) PT Raised to $270 at Rosenblatt on 2Q EPS Beat; 'Content Expansion & ASP Growth' Paying Off from Multiple Strategic Engagements

Broadcom Limited (AVGO) PT Raised to $272 at Canaccord Genuity Following 2Q

Canaccord Genuity raised its price target on Broadcom Limited (NASDAQ: AVGO) to $272.00 (from $250.00) while maintaining a Buy rating. Broadcom reported 2Q pro forma EPS of $3.69 above $3.47 estimates. Overall sales were above expectations and gross margin of 63.1% was above consensus estimates of 62% due to... More

Broadcom Limited (AVGO) PT Raised to $280 at Macquarie

Macquarie raised its price target on Broadcom Limited (NASDAQ: AVGO) to $280.00 (from $265.00) while maintaining a Outperform rating.

Raises FY 2017 EPS estimate from $14.91 to $15.85.

Broadcom Limited (AVGO) PT Raised to $300 at BofA/Merrill Lynch, Top Sector Pick

BofA/Merrill Lynch raised its price target on Broadcom Limited (NASDAQ: AVGO) to $300.00 (from $260.00) while maintaining a Buy rating.

FY 2017 EPS estimate rises from $14.80 to $15.77, FY 2018 EPS estimate rises from $15.62 to $17.01 and FY 2019 EPS estimate rises from $16.61 to $18.07.

Broadcom Limited (AVGO) PT Raised to $280 at Morgan Stanley

Morgan Stanley raised its price target on Broadcom Limited (NASDAQ: AVGO) to $280.00 (from $265.00) while maintaining a Overweight rating.

Broadcom (AVGO): 5 Catalysts - Bernstein

Bernstein analyst, Stacy Rasgon, reiterated her Outperform rating on shares of Broadcom Limited (NASDAQ: AVGO) and raised her price target to $285 after FQ2 results were very strong, with revenues, EPS, and GMs all above consensus and the high end of guidance. Wireless... More

Broadcom Ltd. (AVGO): iPhone Delay Offset By Component Growth - DA Davidson

DA Davidson analyst, Thomas Diffely, reiterated his Buy rating on shares of Broadcom Limited (NASDAQ: AVGO) and raised the price target to $285 after fears of a delayed ramp
of the iPhone 8 were offset by content increases across all eight of AVGO's components that go... More

Broadcom Limited (AVGO) PT Raised to $275 at Deutsche Bank; Reiterates Buy

Deutsche Bank raised its price target on Broadcom Limited (NASDAQ: AVGO) to $275.00 (from $255.00) while maintaining a Buy rating.... More

Broadcom Ltd. (AVGO): Toshiba Memory Acquisition Unlikely, Raising PT - Oppenheimer

Oppenheimer analyst, Rick Schafer, reiterated his Outperform rating on shares of Broadcom Limited (NASDAQ: AVGO) and raised his price target to $275 after revenue/EPS of $4.20B/$3.69 bested the Street's $4.11B/$3.50.

With turns near zero, F3Q guidance of $4.45B easily topped... More

Broadcom Limited (AVGO) PT Raised to $261 at MKM Partners

MKM Partners raised its price target on Broadcom Limited (NASDAQ: AVGO) to $261.00 (from $250.00) while maintaining a Buy rating.

FY 2017 EPS estimate rises from $14.62 to $15.52 and FY 2018 EPS estimate rises from $15.60 to $16.34.

Broadcom Limited (AVGO) PT Raised to $305 at B. Riley

B. Riley raised its price target on Broadcom Limited (NASDAQ: AVGO) to $305.00 (from $260.00) while maintaining a Buy rating.

Analyst Craig Ellis raises F17/F18 EPS from $14.89/$16.31 to $15.90/$17.83; initiate F19 at $19.08; excludes BRCD.

Broadcom Ltd. (AVGO): Guidance Is Conservative - RBC

RBC Capital analyst, Amit Daryanani, reiterated his Top Pick rating on shares of Broadcom Limited (NASDAQ: AVGO) and raised the price target to $270 after the company reported an impressive beat and raise quarter and offered comfort around their M&A discipline.

Fundamentally,... More

Broadcom Limited (AVGO) PT Raised to $260 at Cowen; Street Ests. 'WAY Too Low'

Cowen raised its price target on Broadcom Limited (NASDAQ: AVGO) to $260.00 (from $240.00) while maintaining a Outperform rating following solid results and guidance which supports their view that the consensus is 'WAY too low.'

"While high-teens Y/Y rev growth is... More

Broadcom Ltd. (AVGO): Solid Beat Despite Slow iPhone Ramp - Drexel Hamilton

Drexel Hamilton analyst, Cody Acree reiterated his Buy rating on shares of Broadcom Limited (NASDAQ: AVGO) and raised his price target to $280 after AVGO beat the revenue consensus by $100 million and EPS by $0.19. July revenue guidance beat consensus by $185 million and the analyst's July EPS... More

Broadcom Limited (AVGO) PT Raised to $275 at Mizuho Securities

Mizuho Securities raised its price target on Broadcom Limited (NASDAQ: AVGO) to $275.00 (from $265.00) while maintaining a Buy rating.

Analyst Vijay Rakesh is positive following the recent Q2 earnings report. Rakesh also thinks the strong report could yield positive tailwinds for Skyworks Solutions (NASDAQ: SWKS) and Micron Technology (NASDAQ: MU).

Broadcom Limited (AVGO) PT Raised to $290 at Barclays, "Reinforcing Position As Top Player In Semis"

Barclays raised its price target on Broadcom Limited (NASDAQ: AVGO) to $290.00 (from $250.00) while maintaining a Overweight rating.

Broadcom Limited (AVGO) PT Raised to $280 at Pacific Crest, "Clarity Provided on Toshiba Lifts Overhang"

Pacific Crest raised its price target on Broadcom Limited (NASDAQ: AVGO) to $280.00 (from $260.00) while maintaining a Overweight rating.

Analyst John Vinh remains a buyer of AVGO citing dispelled concerns around bid for Toshiba's memory business, anticipation that content with rise 40 percent, and... More

Broadcom Ltd. (AVGO) CEO Says Don't Believe What You Read on Toshiba Rumors - Bloomberg

Broadcom Ltd. (NASDAQ: AVGO) CEO Says Don't Believe What You Read on Toshiba Rumors - Bloomberg

Broadcom Ltd. (AVGO) Declares $1.02 Qtr Dividend; 0.4% Yield

Broadcom Ltd. (NASDAQ: AVGO) declared a quarterly dividend of $1.02 per share.

The dividend will be payable on June 30, 2017, to stockholders of record on June 19, 2017, with an ex-dividend date of June 15, 2017.

The annual yield on the dividend is 0.4 percent.

For a dividend... More

Broadcom Ltd. (AVGO) Tops Q2 EPS by 19c, Offers Q3 Guidance

Broadcom Ltd. (NASDAQ: AVGO) reported Q2 EPS of $3.69, $0.19 better than the analyst estimate of $3.50. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.11 billion.

Third Quarter Fiscal Year 2017 Business... More