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

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

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

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

October 21, 2014 4:07 PM EDT

Broadcom (NASDAQ: BRCM) reported Q3 EPS of $0.91, $0.07 better than the analyst estimate of $0.84. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $2.18 billion.

Broadcom sees Q4 2014 revenue of $2-2.15 billion, versus the consensus of $2.11 billion.

... More