Information Provided By:
Fly News Breaks for May 31, 2017
ANET, AVGO
May 31, 2017 | 07:42 EDT
RBC Capital analyst Amit Daryanani expects Broadcom to report beat and raise results, "driven by organic tailwinds in both wireless and wired segments." Among the more specific catalysts are increased content at Apple (AAPL) and Samsung, better margins from deal integration, and the strength of the revenue obtained by its wired business from vendors like Arista Networks (ANET), according to the analyst. He thinks that the company's EPS could exceed $15 this year and exceed $19 by fiscal 2020. He keeps a $260 price target and Top Pick rating on the shares.
News For AVGO;ANET From the Last 2 Days
There are no results for your query AVGO;ANET