Broadcom (AVGO) Tops Q1 EPS by 59c, Beats on Revenue; Offers FY24 Guidance
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Go back to Broadcom (AVGO) Tops Q1 EPS by 59c, Beats on Revenue; Offers FY24 Guidance
March 8, 2024 11:33 AM EST
CFRA analyst Angelo Zino raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,600.00 (from $1,500.00) while maintaining a Buy rating.
The analyst comments "We bump our 12-month target to $1,600 from $1,500 on a P/E of 28.1x our CY 25 EPS view, above historical given... More
March 8, 2024 9:36 AM EST
BofA Securities analyst Vivek Arya raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,680.00 (from $1,500.00) while maintaining a Buy rating.
The analyst comments "As expected, AVGO maintained its FY24 sales outlook of $50bn, though with mix shifting more towards AI (now >$10bn vs... More
March 8, 2024 5:27 AM EST
Goldman Sachs analyst Toshiya Hari raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,550.00 (from $1,325.00) while maintaining a Buy rating.
The analyst comments "Broadcom delivered a solid quarter as FY1Q (January) non-GAAP EPS (excl. SBC) of $10.99 exceeded Street consensus by 6%... More
