Broadcom (BRCM) PT Raised to $47 at RBC Capital
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Broadcom (BRCM) PT Lifted to $45 at BofA/Merrill Lynch
July 23, 2014 8:59 AM EDTBofA/Merrill Lynch analyst Vivek Arya lifted his price target on Buy-rated Broadcom (NASDAQ: BRCM) to $45.00 (from $42.00) following Q2 results.
The Buy is maintained, citing: 1) mobile baseband wind-down (no buyer found) could drive substantial earnings growth; 2) cost savings redirected to doubling... More
Broadcom (BRCM) Estimates, PT Raised to $51 at Jefferies
July 23, 2014 7:27 AM EDTJefferies analyst Mark Lipacis raised estimates and his price target on Buy-rated Broadcom (NASDAQ: BRCM) to $51.00 (from $44.00) following Q2 results.
Lipacis said, "The wind-down of the money losing cellular business has implications for its operating model that we think... More
Broadcom Corp (BRCM) Tops Q2 EPS by 4c, Offers Q3 Guidance
July 22, 2014 4:13 PM EDTBroadcom Corp (NASDAQ: BRCM) reported Q2 EPS of $0.65, $0.04 better than the analyst estimate of $0.61. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $2.05 billion.
Broadcom Corp sees Q3 2014 revenue of $2.1-2.5 billion, versus the consensus of $2.18... More
