Broadcom (AVGO) Reports In-Line Q2 EPS, Revenues Beat; Offers 3Q Revenue Guidance
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Broadcom Limited (AVGO) PT Raised to $360 at KeyBanc Following 2Q Report
June 5, 2020 9:00 AM EDTKeyBanc analyst Weston Twigg raised the price target on Broadcom Limited (NASDAQ: AVGO) to $360.00 (from $290.00) while maintaining a Overweight rating following the company's 2Q earnings report. F2Q revenue of $5.74B was higher than the consensus of $5.69B. F2Q EPS of... More
Broadcom Limited (AVGO) PT Raised to $305 at Cowen
June 5, 2020 8:47 AM EDTCowen analyst Matthew Ramsay raised the price target on Broadcom Limited (NASDAQ: AVGO) to $305.00 (from $230.00) while maintaining a Market Perform rating following the company's 2Q earnings report. Broadcom posted slightly higher F2Q results with revenue and EPS coming in above forecasts. Both Semiconductor Solutions... More
Broadcom Limited (AVGO) PT Raised to $360 at Piper Sandler Following Earnings Report
June 5, 2020 8:03 AM EDTPiper Sandler analyst Harsh Kumar raised the price target on Broadcom Limited (NASDAQ: AVGO) to $360.00 (from $300.00) while maintaining a Overweight rating following the company's earnings report. For the April quarter, the company reported an EPS of $5.14 on revenue of $5.74 billion, compared to Street expectations of... More
Broadcom Limited (AVGO) PT Raised to $370 at Rosenblatt Following 2Q Report
June 5, 2020 7:56 AM EDTRosenblatt analyst Hans Mosesmann raised the price target on Broadcom Limited (NASDAQ: AVGO) to $370.00 (from $350.00) while maintaining a Buy rating following the company's 2Q earnings report. Broadcom reported April quarter sales of $5.74 billion, above the consensus estimate of $5.69 billion. Non-GAAP EPS of $5.14 was above... More
UPDATE: Broadcom Limited (AVGO) PT Raised to $350 at BofA Securities Due to Strong Assets Despite Risks
June 3, 2020 7:06 AM EDT(Updated - June 3, 2020 12:02 PM EDT)
(updated to add analyst comments)
BofA Securities analyst Vivek Arya raised the price target on Broadcom Limited (NASDAQ: AVGO) to $350.00 (from $305.00) while maintaining a Buy rating into results, citing AVGO's unique software assets and strong peer results,... More
Broadcom Limited (AVGO) PT Raised to $340 at Susquehanna Ahead of Report
June 2, 2020 7:41 AM EDTSusquehanna analyst Christopher Rolland raised the price target on Broadcom Limited (NASDAQ: AVGO) to $340.00 (from $300.00) while maintaining a Positive rating ahead of the company's earnings report. Rolland believes the company should benefit from significant exposure to the data center end market, certain enterprise... More
Broadcom Limited (AVGO) Earnings Preview - Rosenblatt
June 2, 2020 6:29 AM EDTRosenblatt analyst Hans Mosesmann reiterated a Buy rating and $350.00 price target on Broadcom Limited (NASDAQ: AVGO) ahead of the company reporting reports April quarter earnings on June 4the AMC. Rosenblatt is expecting sales and EPS to be in-line with management's guidance at $5.7 billion... More
