UPDATE: Broadcom Ltd. (AVGO) Declares $0.49 Qtr. Dividend; 3.6% Yield
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Canaccord Genuity Reiterates Buy as Broadcom Ltd. (AVGO) Reports Positive 1Q and Guidance
March 4, 2016 10:59 AM ESTCanaccord Genuity reiterated a Buy rating on Broadcom Limited (NASDAQ: AVGO), and raised the price target to $185.00 (from $175.00), following the company's 1Q earnings report. Broadcom reported pro forma EPS of $2.41, above consensus' $2.30 estimates. Also 2Q non-GAAP EPS guidance of $2.38 was above Cannaccord's $2.11 estimate due to lower operating expenses, as the company has moved some legacy Broadcom businesses into discontinued... More
Mizuho Securities Downgrades SanDisk (SNDK) to Neutral
March 2, 2016 6:45 AM ESTMizuho Securities downgraded SanDisk (NASDAQ: SNDK) from Buy to Neutral with a price target of $78.50 and roatating into Micron (NASDAQ: MU) and Avago (NASDAQ: AVGO).
Analyst Vijay Rakesh... More
