Broadcom (AVGO) Raises Quarterly Dividend 22.6% to $3.25; 4% Yield
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Go back to Broadcom (AVGO) Raises Quarterly Dividend 22.6% to $3.25; 4% Yield
December 13, 2019 7:36 AM EST
Susquehanna 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
December 13, 2019 6:47 AM EST
Mizuho 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
December 13, 2019 6:41 AM EST
Baird 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
December 13, 2019 6:37 AM EST
Cowen 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
