Broadcom Limited Announces Third Quarter Fiscal Year 2017 Financial Results

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Broadcom Limited (AVGO) PT Raised to $286 at Jefferies; Sees 50% Dividend Raise

August 25, 2017 8:10 AM EDT

Jefferies raised its price target on Broadcom Limited (NASDAQ: AVGO) to $286.00 (from $270.00) while maintaining a Buy rating.

Analyst Mark Lipacis notes the company doubled its FCF year-over-year and expect this to ultimately translate to increased capital return via dividends. They estimate the... More

Broadcom Limited (AVGO) PT Raised to $285 at RBC Capital; 'Buy the Dip'

August 25, 2017 6:18 AM EDT

RBC Capital raised its price target on Broadcom Limited (NASDAQ: AVGO) to $285.00 (from $270.00) while maintaining a Top Pick rating following results.

Analyst Amit Daryanani called it "another impressive quarter" and said the call had multiple positives: 1) Better wireless ramps with Jan-qtr expected... More

Broadcom Ltd. (AVGO) Tops Q3 EPS by 7c

August 24, 2017 4:07 PM EDT

Broadcom Ltd. (NASDAQ: AVGO) reported Q3 EPS of $4.10, $0.07 better than the analyst estimate of $4.03. Revenue for the quarter came in at $4.46 billion versus the consensus estimate of $4.46 billion.

Fourth Quarter Fiscal Year 2017 Business Outlook

Based on current business trends and conditions, the... More