Broadcom (BRCM) Estimates, PT Raised to $51 at Jefferies
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Cowen Lifts PT on Broadcom (BRCM) to $43 Following Q2 Numbers
July 23, 2014 9:42 AM EDTCowen and Company moves its price target on Broadcom (Nasdaq: BRCM) from $39 to $43 and maintains and outperform rating on the stock following Q3 results.
Analyst Timothy Arcuri said, While a pivot of epic proportions from 3mos ago, the shut-down of... More
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) PT Raised to $47 at RBC Capital
July 23, 2014 6:32 AM EDTRBC Capital analyst Doug Freedman reiterated an Outperform rating on Broadcom (NASDAQ: BRCM) and boosted his price target of to $47.00 (from $40.00) following Q2 results.
Freedman comments, "A strong report, with OpEx savings greater than expected and baseband wind-down on a quick timeline. Revenue... 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
