Broadcom (AVGO) Declares $3.60 Quarterly Dividend; 3.1% Yield

Broadcom Limited (AVGO) PT Raised to $550 at UBS

UBS analyst Timothy Arcuri raised the price target on Broadcom Limited (NASDAQ: AVGO) to $550.00 (from $530.00) while maintaining a Buy rating.

Broadcom Limited (AVGO) PT Raised to $550 at Rosenblatt

Rosenblatt analyst Hans Mosesmann raised the price target on Broadcom Limited (NASDAQ: AVGO) to $550.00 (from $540.00) while maintaining a Buy rating.

The analyst commented, "Another solid beat and raise driven by hyperscale, cloud, resurgence in broadband, and stronger than expected wireless. The Broadcom team, first... More

Broadcom Limited (AVGO) PT Raised to $580 at BofA Securities

BofA Securities analyst Vivek Arya raised the price target on Broadcom Limited (NASDAQ: AVGO) to $580.00 (from $550.00) while maintaining a Buy rating.... More

Broadcom Limited (AVGO) PT Raised to $520 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh raised the price target on Broadcom Limited (NASDAQ: AVGO) to $520.00 (from $490.00) while maintaining a Buy rating.

Broadcom Limited (AVGO) Report Largely as Expected - Raymond James

Raymond James analyst Chris Caso reiterated a Market Perform rating on Broadcom Limited (NASDAQ: AVGO) after the company reported April quarter revenue of $6.61 billion, down ~1% q/q but above normal seasonal declines in the mid-single digit range. Compared to a year ago,... More

Broadcom Limited (AVGO) PT Raised to $475 at Wells Fargo

Wells Fargo analyst Aaron Rakers raised the price target on Broadcom Limited (NASDAQ: AVGO) to $475.00 (from $450.00) while maintaining a Overweight rating.... More

UPDATE: Broadcom Limited (AVGO) PT Raised to $565 at KeyBanc as Apple Pull-in Drives Upside

(Updated - June 4, 2021 9:15 AM EDT)

KeyBanc analyst Weston Twigg raised the price target on Broadcom Limited (NASDAQ: AVGO) to $565.00 (from $540.00) after the company reported better than expected results/guidance as pullins in wireless from Apple (NASDAQ:... More

Broadcom Limited (AVGO) PT Raised to $525 at Barclays

Barclays raised its price target on Broadcom Limited (NASDAQ: AVGO) to $525.00 (from $500.00) while maintaining a Overweight rating.... More

Broadcom Limited (AVGO) PT Raised to $550 at Jefferies

Jefferies analyst Mark Lipacis raised the price target on Broadcom Limited (NASDAQ: AVGO) to $550.00 (from $520.00) while maintaining a Buy rating.... More

Broadcom Limited (AVGO) PT Raised to $525 at Deutsche Bank

Deutsche Bank analyst Ross Seymore raised the price target on Broadcom Limited (NASDAQ: AVGO) to $525.00 (from $500.00) while maintaining a Buy rating.... More

UPDATE: Broadcom Limited (AVGO) PT Raised to $555 as Morgan Stanley Sees Increased Dividend and Buybacks

(Updated - June 4, 2021 6:52 AM EDT)

Morgan Stanley analyst Craig Hettenbach raised the price target on Broadcom Limited (NASDAQ: AVGO) to $555.00 (from $538.00) after reporting upside on broadband and wireless. Management expects the strength in semiconductors to continue into the July quarter, led by... More

Broadcom (AVGO) Tops Q2 EPS by 20c, Q3 Rev. Guidance Beats

Broadcom (NASDAQ: AVGO) reported Q2 EPS of $6.62, $0.20 better than the analyst estimate of $6.42. Revenue for the quarter came in at $6.61 billion versus the consensus estimate of $6.51 billion.

GUIDANCE:

Broadcom sees Q3 2021 revenue of $6.75 billion, versus the consensus of $6.59 billion.