Broadcom (BRCM) Positioned to Drive Top-Line Growth
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/27/2026
- Nasdaq lags on angst over AI spending ahead of earnings reports
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Intel jumps 10% after AI-fueled quarter crushes estimates, upbeat outlook
- Oil falls on report China pushing for end US-Iran war
- Why Meta, Microsoft, and Nvidia are championing open-weight AI
- FDA approves Tylenol with Naproxen as first OTC combo pain reliever
- AMD (AMD) PT Raised to $1,250 at Baird
- Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Nasdaq lags on angst over AI spending ahead of earnings reports
Analysts Say Broadcom (BRCM) Remains Prefered Large Cap Semiconductor Stock
October 24, 2012 10:45 AM EDTNeedham & Company maintained a Buy on Broadcom (NASDAQ: BRCM), calling it "our favorite large cap semiconductor stock". Analyst revised their price target to $39.00 (from $41.00) to reflect slowing trends in the sector.
"Broadcom's results once again highlight its ability to grow revenue faster than industry peers... More
Broadcom Corp (BRCM) Tops Q3 EPS by 3c; Guides
October 23, 2012 4:17 PM EDTBroadcom Corp (NASDAQ: BRCM) reported Q3 EPS of $0.79, $0.03 better than the analyst estimate of $0.76. Revenue for the quarter came in at $2.13 billion versus the consensus estimate of $2.09 billion.
Broadcom Corp sees FY2012 revenue of $1.95-2.1 billion, versus the consensus of $2.11 billion.
... More

