Broadcom (AVGO) June weekly 1460 straddle into the quarter results
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Broadcom Limited (AVGO) PT Raised to $1,900 at Deutsche Bank
June 13, 2024 10:56 AM EDTDeutsche Bank analyst Ross Seymore raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,900.00 (from $1,500.00) while maintaining a Buy rating.
The analyst comments "AVGO delivered a solid top-line F2Q24 beat vs. DBe (~$12.5B vs. ~$11.7B), powered by another quarter of outperformance in AI (DBe +35% q/q with... More
Broadcom Limited (AVGO) PT Raised to $2,050 at Jefferies
June 13, 2024 6:56 AM EDTJefferies analyst Blayne Curtis raised the price target on Broadcom Limited (NASDAQ: AVGO) to $2,050.00 (from $1,550.00) while maintaining a Buy rating.
The analyst comments "Stronger AI trends offset non-AI weakness while VMWare integrating well ahead. Weaker non-AI results congruent with MRVL, but... More
Broadcom Limited (AVGO) PT Raised to $1,750 at Citi
June 13, 2024 6:33 AM EDTCiti analyst Christopher Danely raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,750.00 (from $1,560.00) while maintaining a Buy rating.
The analyst comments "Yesterday, Broadcom reported above-Consensus results due to strength from its AI segment and VMware (combined 46% of F2Q24 sales). F24... More
Broadcom Limited (AVGO) PT Raised to $1,875 at Cantor Fitzgerald
June 13, 2024 6:32 AM EDTCantor Fitzgerald analyst C.J. Muse raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,875.00 (from $1,600.00) while maintaining a Overweight rating.
The analyst comments "This was a solid report from Broadcom. While the company only raised its FY24 revenue outlook from $50B to $51B (we previewed $51-52B), much of the improvement is being led by VMWare leaving room for AI as an additional source of upside (mgmt. only guided to $11B... More
Broadcom Limited (AVGO) PT Raised to $1,735 at UBS
June 13, 2024 5:50 AM EDTUBS analyst Timothy Arcuri raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,735.00 (from $1,610.00) while maintaining a Buy rating.
The analyst comments "AVGO posted another solid Q due mostly to upside in AI-related revenue, and we walk away moving estimates... More
Broadcom Limited (AVGO) PT Raised to $2,010 at Evercore ISI
June 13, 2024 5:00 AM EDTEvercore ISI analyst Mark Lipacis raised the price target on Broadcom Limited (NASDAQ: AVGO) to $2,010.00 (from $1,620.00) while maintaining a Outperform rating.
The analyst comments "We remain buyers of AVGO post an Apr24Q report that beat revenues by 4% and EPS by 1%. The company... More
