Broadcom Inc. Announces Second Quarter Fiscal Year 2018 Financial Results and Quarterly Dividend

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Broadcom Limited (AVGO) PT Raised to $330 at RBC Capital

June 8, 2018 7:08 AM EDT

RBC Capital raised its price target on Broadcom Limited (NASDAQ: AVGO) to $330.00 (from $325.00) while maintaining a Top Pick rating following better-than-expected results.

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Broadcom (AVGO) Tops Q2 EPS by 12c, Offers Q3 Guidance

June 7, 2018 4:04 PM EDT

Broadcom (NASDAQ: AVGO) reported Q2 EPS of $4.88, $0.12 better than the analyst estimate of $4.76. Revenue for the quarter came in at $5.01 billion versus the consensus estimate of $5 billion.

GUIDANCE:

Broadcom sees Q3 2018 revenue of $5.047 billion, versus the consensus of $5.06... More