Broadcom’s Leading Networking, Compute and Storage Technologies Support a Broad Set of OCP Initiatives

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Longbow Research Reiterates Neutral Rating on Broadcom Limited (AVGO)

March 15, 2019 7:01 AM EDT

Longbow Research analyst, Shawn Harrison, reiterated a Neutral rating on Broadcom Limited (NASDAQ: AVGO). AVGO reiterated FY19 guidance for sales of $24.5B, a 51.0% non-GAAP EBIT margin, and $10B of FCF.

AVGO continues to see mid/high band PAD share recovery... More