Broadcom (BRCM) Tops Q3 EPS by 7c, Offers Q4 Guidance

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Go back to Broadcom (BRCM) Tops Q3 EPS by 7c, Offers Q4 Guidance

Broadcom (BRCM) PT Lifted to $52 at Jefferies Post Q3

October 22, 2014 6:58 AM EDT

Jefferies analyst Mark Lipacis reiterated a Buy rating and bumped his price target on Broadcom (NASDAQ: BRCM) to $52.00 (from $51.00) following strong Q3 EPS that beat consensus by $0.07.

Lipacis commented, "We continue to believe that the wind-down of the money-losing cellular business has... More

Broadcom (BRCM) Bullish Stance Maintained at RBC Capital Post Q3

October 22, 2014 6:27 AM EDT

RBC Capital analyst Doug Freedman reiterated an Outperform rating and $47 price target on Broadcom (NASDAQ: BRCM) following solid Q3 results.

Freedman commented, "We think that BRCM's revenues are still exposed to many demand drivers that are multi-tiered, despite BRCM's decision to consolidate... More