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Broadcom Has Been A 'Powerhouse'; Bernstein Starts Stock At Outperform
Wednesday, October 5, 2016 - 9:54am | 369Bernstein has started coverage of Broadcom Ltd (NASDAQ: AVGO) with an Outperform Rating and $215 target, implying potential upside of 27 percent. When Avago acquired Broadcom, the former took the name of the latter. "[T]he current company, by any name, has been a powerhouse, growing revenue by 9x,...
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Broadcom Strong Despite A Weak Apple
Friday, June 3, 2016 - 7:59am | 336Broadcom Ltd (NASDAQ: AVGO) announced its first quarterly results after the Avago merger, reporting a beat and raising guidance. Barclays’ Blayne Curtis maintained an Overweight rating for the company, while raising the price target from $170 to $185. The analyst said that the company...
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Can Broadcom Or Medtronic Offer Up An Earnings Surprise?
Sunday, May 29, 2016 - 5:27pm | 637Earnings highlights this week include results from a recently merged semiconductor producer. A leading medical technology company is also set to share its latest quarterly results this week. Wall Street analysts are looking for solid bottom-line growth from each of them. In what overall will be a...
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Barron's Recap: How Nelson Peltz Does It
Sunday, July 5, 2015 - 2:18pm | 756This weekend in Barron's online: how activist investor Nelson Peltz gets results, this year's top advisor teams, as well as the prospects for Chipotle Mexican Grill, Harley-Davidson, Greece and more. Cover Story "The Peltz Prescription" by Jonathan R. Laing. Nelson Peltz was an activist before the...
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(Most Of) The Pros Love Avago
Friday, May 29, 2015 - 11:59am | 757Avago Technologies Ltd (NASDAQ: AVGO) announced on Thursday its intention to acquire Broadcom Corporation (NASDAQ: BRCM) for $37 billion. Analyst reaction following the announcement was for the most part positive. Jefferies: Acquisition Creates $14 Of EPS Power Mark Lipacis of Jefferies...
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Avago-Broadcom, Google Barrage And Thursday's Biggest Tech Stories...In JP Morgan's Eyes
Friday, May 29, 2015 - 11:40am | 419In a report published Friday, JP Morgan analyst Rod Hall summarized Thursday's top Wall Street stories. Avago Acquires Broadcom, Says HDD Demand Stabilizing Avago Technologies Ltd (NASDAQ: AVGO) announced its intentions to acquire Broadcom Corporation (NASDAQ: BRCM) for $37 billion....
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Hewlett-Packard Company Split Could Pressure IBM To Do The Same
Monday, October 6, 2014 - 1:37pm | 813Hewlett-Packard Company (NYSE: HPQ) confirmed Monday that the company will split into two separate entities. The deal comes a few years after Hewlett-Packard ceased plans to spin off its PC business. Those plans appear to have been reignited earlier this year, and now the printing division is...
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6 Companies That Could Buy Peregrine Before The Murata Deal Is Complete
Friday, August 29, 2014 - 11:35am | 592Murata Electronics North America (a wholly-owned subsidiary of Murata Manufacturing) recently announced its plans to acquire Peregrine Semiconductor (NASDAQ: PSMI). Shares of Peregrine rose more than 60 percent after the deal was announced. If one analyst's prediction comes true, Peregrine...
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Barron's Recap: The Tired Bull
Sunday, April 27, 2014 - 12:00pm | 786This weekend in Barron's online: the Barron's Big Money poll, as well as the prospects for AIG, Pfizer, Tullow, Trinity Biotech and more. Cover Story "U.S. Money Managers Are Cautiously Optimistic" by Jack Willoughby. Barron's Big Money poll reveals that fewer money managers are bullish. But...
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Credit Suisse Estimates and PT Changes
Wednesday, May 25, 2011 - 7:41am | 305In a research report published today, Credit Suisse made a number of estimates and price target changes. Renault (RNO) saw a change in estimates forecast for Nissan. In the report, Credit Suisse states, "Nissan's improving balance sheet should allow it to step up dividend payments given the...
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Deutsche Bank reiterated its Buy rating and PT of $40 on Avago Technologies
Wednesday, May 25, 2011 - 7:13am | 140Deutsche Bank reiterated its Buy rating on Avago Technologies (NASDAQ: AVGO). At the same time, Deutsche Bank left its price target unchanged at $40, following Avago's solid Q1 results. In a research report published today, Deutsche Bank states, "Avago delivered solid F2Q11 results with revenue...
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Deutsche Bank's Semiconductor Devices Summary
Friday, October 8, 2010 - 8:47am | 166Deutsche Bank has published a research report for the Semiconductor Services segment. In the report, Deutsche Bank writes "Following many negative pre's, this earnings season will be all about guidance. We expect 4Q guidance to be below seasonal as macro softness and inventory adjustments impact...