Broadcom Corp (BRCM) Tops Q1 EPS by 5c

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Go back to Broadcom Corp (BRCM) Tops Q1 EPS by 5c

Broadcom (BRCM) Q1 Report 'Mixed' - RBC Capital

April 25, 2014 8:02 AM EDT

RBC Capital analyst Doug Freedman bumped his price target on Broadcom (NASDAQ: BRCM) to $33.00 (from $32.00) following Q1 results but maintained a Sector Perform rating.

Freedman commented, "A mixed report, despite beat and raise as wireless weighs on revenues. The key remains... More

Needham & Company Downgrades Broadcom (BRCM) to Hold

April 25, 2014 7:12 AM EDT

Needham & Company downgraded Broadcom (NASDAQ: BRCM) from Buy to Hold following Q1 results.

Analyst N. Quinn Bolton said, "Broadcom's 1Q14 results and 2Q14 outlook highlight to us that Mobile & Wireless growth is now stalling out. Management is backing away from prior expectations that... More