Broadcom Inc. Announces Second Quarter Fiscal Year 2019 Financial Results, Quarterly Dividend and Updated Guidance
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Broadcom Limited (AVGO) PT Lowered to $250 at Morgan Stanley
June 14, 2019 7:54 AM EDTMorgan Stanley analyst Craig Hettenbach lowered the price target on Broadcom Limited (NASDAQ: AVGO) to $250.00 (from $262.00) while maintaining a Equalweight rating. Hettenbach has a negative view on the business near term balanced by the company's industry leading margins. A broad-based slowdown and the... More
Broadcom Limited (AVGO) PT Lowered to $280 at Baird
June 14, 2019 6:37 AM EDTBaird analyst Tristan Gerra lowered the price target on Broadcom Limited (NASDAQ: AVGO) to $280.00 (from $300.00) while maintaining an Outperform rating.
The analyst commented, "Broadcom's reduced full-year revenue guidance is dismissing the 2H recovery thesis articulated by many semiconductor companies earlier this... More
Broadcom (AVGO) Plunges 8% Following Q2 Results and Guidance, Roils Semi Tech Sector
June 13, 2019 5:42 PM EDTBroadcom (NASDAQ: AVGO) Plunges 8% Following Q2 Results and Guidance, Roils Semi Tech Sector
... MoreBroadcom (AVGO) Tops Q2 EPS by 3c, Revenue Misses, Offers FY Guidance
June 13, 2019 4:17 PM EDT(Updated - June 13, 2019 4:22 PM EDT)
Broadcom (NASDAQ: AVGO) reported Q2 EPS of $5.21, $0.03 better than the analyst estimate of $5.18. Revenue for the quarter came in at $5.52 billion versus the consensus estimate of $5.69 billion.
GUIDANCE:
Broadcom sees FY2019 revenue of $22.5 billion, versus the consensus of $23.05 billion.
Based on current business trends and conditions, the outlook for... More
