Broadcom Ltd. (AVGO) Declares $1.02 Quarterly Dividend; 1.7% Yield

Broadcom Limited (AVGO) PT Raised to $274 at MKM Partners on 2Q Report; 'Profitability Continues to Accelerate on Sustained Execution'

August 25, 2017 11:16 AM EDT

MKM Partners raised its price target on Broadcom Limited (NASDAQ: AVGO) to $274.00 (from $261.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst Ruben Roy notes the company delivered second quarter earnings per share and revenue results above consensus projections driven... More

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

Wall Street rises modestly following Yellen speech

August 25, 2017 7:39 AM EDT

By Kimberly Chin

NEW YORK (Reuters) - U.S. stocks rose slightly on Friday, lifted by high-dividend-paying stocks, after Federal Reserve Chair Janet Yellen stayed silent on monetary policy in a much-anticipated speech.

Interest-rate sensitive sectors such as telecommunications , up 0.8 percent, and utilities , up 0.3 percent, rose as Yellen's speech did not comment on the path of interest rate hikes for the central bank, which sent U.S. Treasury yields lower.

"The worry still remains about the 10-year (benchmark Treasury note) rate, still below 2.2 percent," said JJ Kinahan, chief market strategist at TD Ameritrade in... More

Broadcom Ltd. (AVGO): Guidance Good But Below Lofty Expectations - Drexel Hamilton

August 25, 2017 6:25 AM EDT

Drexel Hamilton analyst, Cody Acree, reiterated his Buy rating on shares of Broadcom Limited (NASDAQ: AVGO) and raised his price target to $292 after July results beat the analyst's expectations on all metrics, and October guidance was in-line with the Street consensus.

The analyst... 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 Limited (AVGO) PT Raised to $290 at Baird, Positive EPS Revisions

August 25, 2017 2:23 AM EDT

Baird raised its price target on Broadcom Limited (NASDAQ: AVGO) to $290.00 (from $260.00) while maintaining a Outperform rating.

Analyst Tristan Gerra says further momentum exists for the company following its achievement of its LT operating margin target in Q3. The analyst sees continued... More

Broadcom Limited (AVGO) PT Raised to $290 at Mizuho Securities

August 25, 2017 2:13 AM EDT

Mizuho Securities raised its price target on Broadcom Limited (NASDAQ: AVGO) to $290.00 (from $275.00) while maintaining a Buy rating.

Analyst Vijay Rakesh says Wireless was the shining star in the company's Q3 report. The analyst expects the company to continue to execute... More