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AVGO

Broadcom

$174.65

-2.1 (-1.19%)

07:26
11/29/16
11/29
07:26
11/29/16
07:26

Broadcom Q4 EPS likely to beat expectations, says RBC Capital

RBC Capital analyst Amit Daryanani believes that Broadcom's Q4 EPS will beat expectations by a "sizable" amount." The analyst also expects the company to raise its dividend by 50%-100%. He says that the EPS beat will be driven by margin increases which "reflect revenue synergies and cost take-out benefits." The analyst expects the company's EPS to rise by around 15% over the next several years. He keeps a $190 price target and a Top Pick rating on the shares.

  • 08

    Dec

AVGO Broadcom
$174.65

-2.1 (-1.19%)

11/02/16
OPCO
11/02/16
NO CHANGE
Target $200
OPCO
Outperform
Broadcom can pursue other opportunities despite Brocade deal, says Oppenheimer
Oppenheimer analyst Rick Schafer believes Brocade's (BRCD) acquisition is in Broadcom's (AVGO) strike-zone of acquiring businesses with limited competition, allowing significant pricing power. Given the relatively small deal size, the analyst does not believe the announcement precludes Broadcom from pursuing additional opportunities near-term. Further, he believes Brocade is a strategic bolt-on that improves Broadcom's industry-leading margin profile. Schafer says Broadcom remains his top pick and reiterates an Outperform rating and $200 price target on the shares.
11/03/16
UBSW
11/03/16
NO CHANGE
Target $205
UBSW
Buy
Broadcom acquisition of Brocade 10% accretive in 2018, says UBS
UBS analyst Stephen Chin estimates a 10% accretion to earnings in 2018 for Broadcom (BRCM) from its acquisition of Brocade (BRCD). The analyst lays out potential challenges for the deal, including the cost reductions necessary for accretion, integration of its service model, divesting network assets, and a regulatory review of the combined market share. Chin reiterated his Buy rating and $205 price target on Broadcom shares.
11/07/16
RBCM
11/07/16
NO CHANGE
RBCM
Microsemi price target raised to $56 from $48 at RBC Capital
After Bloomberg reported that Microsemi (MSCC) was looking to sell itself, RBC Capital analyst Mitch Steves says that Microsemi could be attractive to many potential acquirers. He names Skyworks (SWKS), Texas Instruments (TXN), Maxim (MXIM) and Broadcom (AVGO) as potential acquirers of Microsemi. However, the analyst thinks that it "may be a bit to early for a deal." Nonetheless, he raised his price target on the name to $56 from $48 and keeps a Top Pick rating on the shares.
11/07/16
WBLR
11/07/16
NO CHANGE
WBLR
Outperform
Facebook's Voyager a 'big win' for Acacia, says William Blair
William Blair analyst Dmitry Netis says Facebook's (FB) white-box packet optical transponder for data center interconnect applications, called Voyager, will incorporate Acacia Communications' (ACIA) AC400 transponder module, Broadcom's (AVGO) Tomahawk 25G Ethernet switch, an open line system with white boxes from Lumentum (LITE), as well as open software for end-to-end configuration from privately held SnapRoute. Facebook's Voyager will become a "disruptive force" in the optical networking market and represents a "major positive" for Acacia, Broadcom, and Lumentum, Netis tells investors in a research note. He views Facebook's announcement last week as confirming his belief that Acacia is poised to benefit disproportionately from white-box optics that enable leading Web 2.0 operators to build bespoke optical networks. The analyst reiterates an Outperform rating on Acacia.

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AABA

Altaba

$66.59

-0.33 (-0.49%)

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Alibaba

$177.39

-0.56 (-0.31%)

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AABA

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BABA

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YAHOY

Yahoo Japan

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REPYY

Repsol

$18.47

0.1 (0.54%)

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Versartis

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BRPIF

BRP Inc.

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PG

Procter & Gamble

$92.64

-1.76 (-1.86%)

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MiMedx

$12.27

-0.07 (-0.57%)

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BA

Boeing

$256.04

0.58 (0.23%)

05:45
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05:45
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  • 23

    Sep

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SSNI

Silver Spring

$16.15

0.01 (0.06%)

, ITRI

Itron

$75.85

-0.4 (-0.52%)

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05:40
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Silver Spring, Itron rating change  »

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SSNI

Silver Spring

$16.15

0.01 (0.06%)

ITRI

Itron

$75.85

-0.4 (-0.52%)

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JUNO

Juno Therapeutics

$41.62

-3.59 (-7.94%)

05:38
09/22/17
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05:38
Syndicate
Juno Therapeutics 6.1M share Secondary priced at $41.00 »

Morgan Stanley and…

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  • 08

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  • 22

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AA

Alcoa

$46.25

-1.25 (-2.63%)

05:38
09/22/17
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05:38
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05:38
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Alcoa rating change  »

Alcoa downgraded to Hold…

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BOBE

Bob Evans

$77.29

-0.2 (-0.26%)

, POST

Post Holdings

$86.97

-0.39 (-0.45%)

05:38
09/22/17
09/22
05:38
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05:38
Downgrade
Bob Evans, Post Holdings rating change  »

Bob Evans downgraded to…

BOBE

Bob Evans

$77.29

-0.2 (-0.26%)

POST

Post Holdings

$86.97

-0.39 (-0.45%)

03/08/13
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AAPL

Apple

$153.39

-2.68 (-1.72%)

05:36
09/22/17
09/22
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05:36
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Apple analyst commentary  »

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  • 22

    Oct

TIF

Tiffany

$89.85

-0.08 (-0.09%)

05:31
09/22/17
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05:31
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Tiffany rating change  »

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  • 03

    Oct

  • 04

    Oct

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

, VSAR

Versartis

$21.60

-0.25 (-1.14%)

05:27
09/22/17
09/22
05:27
09/22/17
05:27
Recommendations
Ascendis Pharma, Versartis analyst commentary  »

Versartis failure bodes…

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

VSAR

Versartis

$21.60

-0.25 (-1.14%)

03/08/13
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BDX

Becton Dickinson

$191.56

-2.44 (-1.26%)

, BCR

C.R. Bard

$317.37

-1.19 (-0.37%)

05:20
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Initiation
Becton Dickinson, C.R. Bard initiated  »

Becton Dickinson…

BDX

Becton Dickinson

$191.56

-2.44 (-1.26%)

BCR

C.R. Bard

$317.37

-1.19 (-0.37%)

03/08/13
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MB

Mindbody

$24.85

0.05 (0.20%)

05:16
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GPN

Global Payments

$96.34

0.72 (0.75%)

05:14
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Initiation
Global Payments initiated  »

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  • 02

    Oct

RMBS

Rambus

$13.34

-0.01 (-0.07%)

05:10
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05:10
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  • 22

    Oct

EADSY

Airbus

$23.07

0.78 (3.50%)

05:08
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05:08
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Airbus rating change  »

Airbus downgraded to Hold…

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SVRA

Savara

$9.47

0.63 (7.13%)

05:06
09/22/17
09/22
05:06
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05:06
Initiation
Savara initiated  »

Savara initiated with a…

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ANSS

Ansys

$120.82

-2.17 (-1.76%)

05:03
09/22/17
09/22
05:03
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05:03
Initiation
Ansys initiated  »

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  • 28

    Sep

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    Nov

VSAR

Versartis

$21.60

-0.25 (-1.14%)

05:00
09/22/17
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05:00
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05:00
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Versartis rating change  »

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PEG

PSEG

$46.22

0.99 (2.19%)

04:58
09/22/17
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04:58
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  • 25

    Sep

  • 05

    Nov

04:55
09/22/17
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Conference/Events
DA Davidson engineering analyst holds an analyst/industry conference call »

Engineering &…

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