Broadcom (AVGO) Tops Q4 EPS by 4c, FY20 Revenue Guidance Beats
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Broadcom Limited (AVGO) PT Raised to $380 at Susquehanna
December 13, 2019 7:36 AM ESTSusquehanna analyst Christopher Rolland raised the price target on Broadcom Limited (NASDAQ: AVGO) to $380.00 (from $345.00) while maintaining a Positive rating following results.
The analyst commented, "After accounting for Symantec, Broadcom's FY20 guide fell a bit short. However, many investors may overlook two key product announcements that may expand Broadcoms TAM and growth rate meaningfully. The first, Silicon Photonics... More
Broadcom Limited (AVGO) PT Raised to $365 at Mizuho Securities
December 13, 2019 6:47 AM ESTMizuho Securities analyst Vijay Rakesh raised the price target on Broadcom Limited (NASDAQ: AVGO) to $365.00 (from $340.00) while maintaining a Buy rating.
The analyst commented, "AVGO reported an in-line OctQ with strength in storage and software and guided F20E top... More
Broadcom Limited (AVGO) PT Raised to $400 at Baird
December 13, 2019 6:41 AM ESTBaird analyst Tristan Gerra raised the price target on Broadcom Limited (NASDAQ: AVGO) to $400.00 (from $320.00) while maintaining a Outperform rating following results.
The analyst commented, "Reiterating Outperform rating on strong FCF and multiple expansion drivers, management's ongoing focus on the highest-profit and growth... More
Broadcom Limited (AVGO) PT Raised to $310 at Cowen
December 13, 2019 6:37 AM ESTCowen analyst Matthew Ramsay raised the price target on Broadcom Limited (NASDAQ: AVGO) to $310.00 (from $285.00) while maintaining a Market Perform rating following results.
The analyst commented, "We remain positive on the company's core networking business, but deviating strategic focus towards low-growth software... More
