Broadcom Limited (AVGO) PT Raised to $720 at Jefferies

Broadcom (AVGO) trading up 9% following strong earnings, guidance, and buyback news

Broadcom (NASDAQ: AVGO) is trading up 9% following strong earnings, guidance, and buyback news.

Broadcom Limited (AVGO) PT Raised to $675 at BMO Capital

BMO Capital analyst Ambrish Srivastava raised the price target on Broadcom Limited (NASDAQ: AVGO) to $675.00 (from $625.00) while maintaining an Outperform rating.

The analyst commented, "Our bigger takeaway from the call was Broadcom following up on its commitment to shareholder return. It... More

Broadcom Limited (AVGO) PT Raised to $680 at Piper Sandler

Piper Sandler analyst Harsh Kumar raised the price target on Broadcom Limited (NASDAQ: AVGO) to $680.00 (from $550.00) while maintaining a Overweight rating.... More

Broadcom Limited (AVGO) PT Raised to $665 at UBS

UBS analyst Timothy Arcuri raised the price target on Broadcom Limited (NASDAQ: AVGO) to $665.00 (from $660.00) while maintaining a Buy rating.... More

Broadcom Limited (AVGO) PT Raised to $680 at Susquehanna

Susquehanna analyst Christopher Rolland raised the price target on Broadcom Limited (NASDAQ: AVGO) to $680.00 (from $650.00) while maintaining a Positive rating.

The analyst commented, "Near-term results as expected, but solid guidance as Networking fires on all cylinders. Cloud and Enterprise to accelerate while 5G rides the tide."

Broadcom Limited (AVGO) PT Raised to $659 at Truist Securities

Truist Securities analyst William Stein raised the price target on Broadcom Limited (NASDAQ: AVGO) to $659.00 (from $564.00) while maintaining a Buy rating.... More

Broadcom Limited (AVGO) PT Raised to $665 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh raised the price target on Broadcom Limited (NASDAQ: AVGO) to $665.00 (from $600.00) while maintaining a Buy rating.... More

Broadcom Limited (AVGO) PT Raised to $635 at Wells Fargo

Wells Fargo analyst Aaron Rakers raised the price target on Broadcom Limited (NASDAQ: AVGO) to $635.00 (from $565.00) while maintaining a Equal Weight rating.... More

Broadcom Limited (AVGO) PT Raised to $710 at KeyBanc

KeyBanc analyst Weston Twigg raised the price target on Broadcom Limited (NASDAQ: AVGO) to $710.00 (from $575.00) while maintaining a Overweight rating.... More

Broadcom (AVGO) Shares Surge Over 6% on Strong Results and Guidance, Announces $10 Billion Share Buyback

Shares of Broadcom (NASDAQ: AVGO) are trading over 6% higher in pre-open Friday after the company reported better-than-expected FQ4 earnings and guidance.

Broadcom reported an FQ4 EPS of $7.81 to beat the analyst estimate of $7.41. Revenue for the quarter came in at $7.6 billion, may not compare to the consensus estimate of $7.36 billion.

For this quarter, the company is calling for revenue of $7.6 billion, versus the consensus of $7.25 billion.

"Broadcom concluded the year with record fourth quarter results driven by a rebound in enterprise,... More

Broadcom Limited (AVGO) PT Raised to $700 at JPMorgan

JPMorgan analyst Harlan Sur raised the price target on Broadcom Limited (NASDAQ: AVGO) to $700.00 (from $655.00) while maintaining a Overweight rating.... More

UPDATE: Broadcom Limited (AVGO) PT Raised to Street High $723 as Morgan Stanley Sees "A Lot to Like in the Print"

(Updated - December 10, 2021 6:38 AM EST)

Morgan Stanley analyst Joseph Moore raised the price target on Broadcom Limited (NASDAQ: AVGO) to Street High $723.00 (from $572.00) after the company reported generally in-line numbers and a strong topline guide.

The analyst reiterated... More

After-Hours Stock Movers 12/09: (AI) (ORCL) (AVGO) Higher; (AOUT) (CHWY) (LULU) Lower (more...)

After-Hours Stock Movers

C3.ai, Inc. (NYSE: AI) 27.4% HIGHER; has established a new five-year Production-Other Transaction Agreement with the U.S. Department of Defense (DoD).

American Outdoor Brands (NASDAQ: AOUT) 17.9% LOWER; reported Q2 EPS of $0.58, $0.18 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $70.8 million versus the consensus estimate of $82.55 million. American Outdoor Brands sees FY2022 EPS of $2.02-$2.21,... More

Broadcom (AVGO) Stock Up 6% Following Q4 Beat, Raised Buyback

Broadcom (NASDAQ: AVGO) shares were trading more than 6% higher after-hours following the companys reported Q4 results, with EPS coming in at $7.81, beating the consensus estimate of $7.41. Quarterly revenue was $7.6 billion, compared to the consensus estimate of $7.36 billion.

According to Hock Tan,... More

Broadcom sees upbeat first-quarter sales, unveils $10 billion buyback plan

(Reuters) -Semiconductor firm Broadcom Inc forecast first-quarter revenue above Wall Street expectations and announced a $10 billion share buyback plan on Thursday, banking on a rebound in enterprise spending and sustained demand from cloud computing companies.

Shares of the company rose 6.6% to $622 in extended trading.

Analysts have pointed to strong near-term demand for Broadcom's radio frequency and wireless chips as telecom firms spend more to roll... More

Broadcom (AVGO) Tops Q4 EPS by 40c, Offers Q1 Guidance

Broadcom (NASDAQ: AVGO) reported Q4 EPS of $7.81, $0.40 better than the analyst estimate of $7.41. Revenue for the quarter came in at $7.6 billion, may not compare versus the consensus estimate of $7.36 billion.

GUIDANCE:

Broadcom sees Q1 2022 revenue of $7.6 billion, versus the consensus of $7.25... More

Broadcom (AVGO) Announces $10B Share Buyback

Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced its Board of Directors has authorized the repurchase of up to $10 billion of its common stock under a new share repurchase program. The authorization is... More