Mizuho Securities Reiterates Buy on Avago Tech (AVGO) Following 3Q EPS Beat

MKM Partners Cuts Price Target on Avago Tech (AVGO) Following 3Q15

August 27, 2015 11:28 AM EDT

MKM Partners reiterated a Buy rating on Avago Technologies (NASDAQ: AVGO), and cut the price target to $159.00 (from $160.00), following the company's 3Q15 earnings results. AVGO reported a 10c EPS beat of $2.24. Revenue was reported in-line at $1.74B.

Analyst Ian Ing commented, "AVGO reported a $0.10... More

Avago (AVGO) PT Bumped to $180 at Jefferies Amid Strong Print

August 27, 2015 8:54 AM EDT

Jefferies analyst Mark Lipacis reiterated a Buy rating and bumped his price target on Avago Technologies (NASDAQ: AVGO) to $180.00 (from $179.00) following solid results after the close,.

Lipacis commented, "AVGO's JulQ beat expectations by $0.12 due mostly to better gross margins,... More

Brean Capital Cuts Price Target on Avago Tech (AVGO) Following 3Q15 Results

August 27, 2015 7:00 AM EDT

Brean Capital maintained a Buy rating on Avago Technologies (NASDAQ: AVGO), and cut the price target to $170.00 (from $180.00), following the company's 3Q15 earnings report. Avago reported July revenues of $1.75B, above the Streets consensus estimate of $1.74B. EPS of $2.24 beat the Streets consensus estimate of $2.14. Analyst Mike Burton said... More

After-Hours Stock Movers 08/26: (PVH) (AVGO) (SIRI) Higher; (VNET) (WSM) (TLYS) Lower (more...)

August 26, 2015 5:30 PM EDT

21Vianet Group (NASDAQ: VNET) 7.4% LOWER; reported Q2 EPS of (RMB0.28), versus (RMB0.16) reported last year. Revenue for the quarter came in at RMB866.8 million, versus RMB658 million reported last year. 21Vianet Group sees Q3 2015 revenue of RMB900-940 million. FY revenue is seen at RMB3.58B-$3.68 billion vs prior guidance of RMB3.91B-4.11 billion.

Williams-Sonoma (NYSE: WSM) 5.8% LOWER; reported Q2 EPS of $0.58, in-line with the analyst estimate of $0.58. Revenue for the quarter came in at $1.13 billion versus the... More

Avago Tech (AVGO) Tops Q3 EPS by 10c; Guides Q4 Revenue

August 26, 2015 4:04 PM EDT

Avago Tech (NASDAQ: AVGO) reported Q3 EPS of $2.24, $0.10 better than the analyst estimate of $2.14. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.74 billion.

Avago Tech sees Q4 revenue at $1.383 billion, +/- $25 million. The Street is at $1.86... More

Wall Street chalks up biggest gain in four years

August 26, 2015 6:13 AM EDT

By Noel Randewich

(Reuters) - Wall Street racked up its biggest one-day gain in four years on Wednesday as fears about China's economy gave way to bargain hunters emboldened by expectations the U.S. Federal Reserve might not raise interest rates next month.

Led by Silicon Valley stalwarts Apple, Amazon and Google, the surge put the brakes on a six-day losing streak that saw the S&P 500 surrender 11 percent.

In a sign that a faltering Chinese economy and slumping global financial markets could affect U.S. monetary policy, New York Fed President William Dudley said the... More

Trading Radar for 8/26: Abercrombie & Fitch (ANF), PVH Corp. (PVH), RBC (RY), Express (EXPR), Avago (AVGO) Report

August 25, 2015 2:17 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

8:30am EDT

Durable Orders - Street sees (0.6%)

Earnings:

Abercrombie & Fitch (NYSE:... More

CLSA Upgrades Avago Technologies (AVGO) to Buy

August 25, 2015 8:09 AM EDT

CLSA upgraded Avago Technologies (NASDAQ: AVGO) from Outperform to Buy with a price target of $150.00.

For an analyst ratings summary and ratings history on Avago Technologies click here. For more ratings news on Avago Technologies click here.

Shares of Avago Technologies closed at $109.94 yesterday.

... More