Avago Tech (AVGO) Tops Q4 EPS by 10c; Guides Q113 Revs Lower

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Go back to Avago Tech (AVGO) Tops Q4 EPS by 10c; Guides Q113 Revs Lower

Nomura Trims Numbers on Avago (AVGO) Post Q4, But Sees Upside to New PT

November 30, 2012 8:17 AM EST

Nomura Securities trimmed estimates and its price target on Avago Technologies (NASDAQ: AVGO) from $42 to $40 following Q4 results. The firm maintained a Buy rating.

"Avago reported better F4Q revenue/EPS of $618mn/$0.71 than our estimates of $615mn/$0.67. Higher EPS was... More

Jefferies Says Avago Technologies (AVGO) Dips Good Buying Opportunity

November 30, 2012 7:56 AM EST

Yesterday Avago Technologies (NASDAQ: AVGO) lowered revenue estimates but analysts at Jefferies think the company remains "one of the best plays on LTE phones".

"We expect AVGO to be the major beneficiary of FBAR filter growth as LTE phones that... More