Broadcom (BRCM) Positioned to Drive Top-Line Growth

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Go back to Broadcom (BRCM) Positioned to Drive Top-Line Growth

Analysts Say Broadcom (BRCM) Remains Prefered Large Cap Semiconductor Stock

October 24, 2012 10:45 AM EDT

Needham & 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 EDT

Broadcom 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