Broadcom's full-year forecast fails to impress Wall Street, shares down

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Go back to Broadcom's full-year forecast fails to impress Wall Street, shares down

Broadcom Limited (AVGO) PT Raised to $380 at Susquehanna

December 13, 2019 7:36 AM EST

Susquehanna analyst Christopher Rolland raised the price target on Broadcom Limited (NASDAQ: AVGO) to $380.00 (from $345.00) while maintaining a Positive rating following results.

The analyst commented, "After accounting for Symantec, Broadcom's FY20 guide fell a bit short. However, many investors may overlook two key product announcements that may expand Broadcoms TAM and growth rate meaningfully. The first, Silicon Photonics... More

Broadcom Limited (AVGO) PT Raised to $365 at Mizuho Securities

December 13, 2019 6:47 AM EST

Mizuho Securities analyst Vijay Rakesh raised the price target on Broadcom Limited (NASDAQ: AVGO) to $365.00 (from $340.00) while maintaining a Buy rating.

The analyst commented, "AVGO reported an in-line OctQ with strength in storage and software and guided F20E top... More

Broadcom Limited (AVGO) PT Raised to $400 at Baird

December 13, 2019 6:41 AM EST

Baird analyst Tristan Gerra raised the price target on Broadcom Limited (NASDAQ: AVGO) to $400.00 (from $320.00) while maintaining a Outperform rating following results.

The analyst commented, "Reiterating Outperform rating on strong FCF and multiple expansion drivers, management's ongoing focus on the highest-profit and growth... More