Broadcom Inc. Announces First Quarter Fiscal Year 2021 Financial Results and Quarterly Dividends
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March 5, 2021 6:46 AM EST
Mizuho Securities analyst Vijay Rakesh raised the price target on Broadcom Limited (NASDAQ: AVGO) to $490.00 (from $480.00) while maintaining a Buy rating.
The analyst commented, "AVGO reported a good JanQ and guided to AprQ with upside at $6.5B (consensus $6.3B). AVGO noted JanQ... More
March 5, 2021 6:38 AM EST
Rosenblatt analyst Hans Mosesmann raised the price target on Broadcom Limited (NASDAQ: AVGO) to $540.00 (from $470.00) while maintaining a Buy rating.
The analyst commented, "Broadcoms CEO Hock Tans impressive handling of the current semiconductor cycle had us smiling last night as questions... More
March 4, 2021 4:17 PM EST
Broadcom (NASDAQ: AVGO) reported Q1 EPS of $6.61, $0.06 better than the analyst estimate of $6.55. Revenue for the quarter came in at $6.66 billion versus the consensus estimate of $6.61 billion.
"We executed well during our first fiscal quarter driving 14% organic growth year on year,"... More
