Broadcom (AVGO) Reports In-Line Q2 EPS, Revenues Beat; Offers 3Q Revenue Guidance

Broadcom Limited (AVGO) PT Raised to $360 at KeyBanc Following 2Q Report

KeyBanc analyst Weston Twigg raised the price target on Broadcom Limited (NASDAQ: AVGO) to $360.00 (from $290.00) while maintaining a Overweight rating following the company's 2Q earnings report. F2Q revenue of $5.74B was higher than the consensus of $5.69B. F2Q EPS of... More

Broadcom Limited (AVGO) PT Raised to $305 at Cowen

Cowen analyst Matthew Ramsay raised the price target on Broadcom Limited (NASDAQ: AVGO) to $305.00 (from $230.00) while maintaining a Market Perform rating following the company's 2Q earnings report. Broadcom posted slightly higher F2Q results with revenue and EPS coming in above forecasts. Both Semiconductor Solutions... More

Broadcom Limited (AVGO) PT Raised to $360 at Piper Sandler Following Earnings Report

Piper Sandler analyst Harsh Kumar raised the price target on Broadcom Limited (NASDAQ: AVGO) to $360.00 (from $300.00) while maintaining a Overweight rating following the company's earnings report. For the April quarter, the company reported an EPS of $5.14 on revenue of $5.74 billion, compared to Street expectations of... More

Broadcom Limited (AVGO) PT Raised to $370 at Rosenblatt Following 2Q Report

Rosenblatt analyst Hans Mosesmann raised the price target on Broadcom Limited (NASDAQ: AVGO) to $370.00 (from $350.00) while maintaining a Buy rating following the company's 2Q earnings report. Broadcom reported April quarter sales of $5.74 billion, above the consensus estimate of $5.69 billion. Non-GAAP EPS of $5.14 was above... More

UPDATE: Broadcom Limited (AVGO) PT Raised to $350 at BofA Securities Due to Strong Assets Despite Risks

(Updated - June 3, 2020 12:02 PM EDT)

(updated to add analyst comments)

BofA Securities analyst Vivek Arya raised the price target on Broadcom Limited (NASDAQ: AVGO) to $350.00 (from $305.00) while maintaining a Buy rating into results, citing AVGO's unique software assets and strong peer results,... More

Broadcom Limited (AVGO) PT Raised to $340 at Susquehanna Ahead of Report

Susquehanna analyst Christopher Rolland raised the price target on Broadcom Limited (NASDAQ: AVGO) to $340.00 (from $300.00) while maintaining a Positive rating ahead of the company's earnings report. Rolland believes the company should benefit from significant exposure to the data center end market, certain enterprise... More

Broadcom Limited (AVGO) Earnings Preview - Rosenblatt

Rosenblatt analyst Hans Mosesmann reiterated a Buy rating and $350.00 price target on Broadcom Limited (NASDAQ: AVGO) ahead of the company reporting reports April quarter earnings on June 4the AMC. Rosenblatt is expecting sales and EPS to be in-line with management's guidance at $5.7 billion... More