EPS for Broadcom Limited (AVGO) Expected At $3.92

Oppenheimer maintained Broadcom Limited (NASDAQ:AVGO) on Thursday, December 3 with "Outperform" rating. About 4.88M shares traded or 60.36% up from the average. (NASDAQ:AMZN). Glg Prtn LP owns 30,657 shares or 1.64% of their United States portfolio. Orleans Capital Management Corporation La holds 27,327 shares. The Illinois-based Bruce & Co. Investors acquired 26,203 put options on the stock.

Broadcom has shown it can integrate its takeover targets and produce strong earnings, said David Heger, an analyst at Edward Jones. The lower end of the projection is $4.4 per share, while the higher end is $4.61 per share. In related news, CEO Hock E. Tan sold 65,000 shares of the business's stock in a transaction on Monday, March 6th. The company now has an average volume of 2.97 Million. The stock of Sirius XM Holdings Inc. The firm earned "Buy" rating on Friday, December 9 by Mizuho. Piper Jaffray maintained the shares of AMZN in report on Friday, September 4 with "Buy" rating. The rating was upgraded by Wunderlich to "Hold" on Wednesday, July 29.

Among 39 analysts covering Visa Inc.

The (Simple Month Average) SMA20 is at -3.9 percent, its SMA50 Value is 1.66% and SMA200 value is reported as 8.57 Percent. Its down 16.42% from 3.87M shares previously. The stock increased 1.07% or $1.16 during the last trading session, reaching $109.74. 10,861,291 shares of the company's stock traded hands. Sirius XM Holdings Inc. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since December 7, 2016 and is uptrending. It has outperformed by 8.88% the S&P500. Avago Technologies Limited had 156 analyst reports since August 4, 2015 according to SRatingsIntel. Morgan Stanley now has a $280.00 target price on the semiconductor manufacturer's stock, up from their previous target price of $265.00. That compares with analysts' average estimate of US$4.83 billion, according to data compiled by Bloomberg. On Friday, June 2 the stock rating was maintained by UBS with "Buy". On Friday, July 28 the stock rating was maintained by J.P. Morgan with "Buy". The company was initiated on Monday, April 18 by Cowen & Co. The company was maintained on Tuesday, February 21 by RBC Capital Markets.

COPYRIGHT VIOLATION WARNING: "Broadcom's (AVGO) Buy Rating Reiterated at Raymond James Financial" was reported by StockNewsTimes and is the sole property of of StockNewsTimes. Canaccord Genuity has "Buy" rating and $27200 target. RBC Capital Markets maintained the shares of AVGO in report on Thursday, August 10 with "Buy" rating. The firm has "Hold" rating by Stifel Nicolaus given on Thursday, November 2. Finally, Cowen reissued a buy rating and issued a $260.00 price target on shares of Broadcom in a report on Friday, August 11th.

The institutional investor owned 1,423,050 shares of the semiconductor manufacturer's stock after purchasing an additional 186,841 shares during the quarter. Its the same as in 2017Q1. First Commercial Bank Of Omaha owns 38,700 shares or 0.24% of their U.S. portfolio. Vantage Investment Ltd Liability Co stated it has 12 shares. Wellington Management Group LLP now owns 6,710,760 shares of the semiconductor manufacturer's stock valued at $1,469,388,000 after buying an additional 1,519,598 shares during the last quarter.

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Morgan Stanley reaffirmed their overweight rating on shares of Broadcom Ltd (NASDAQ:AVGO) in a report issued on Saturday morning.

Broadcom Limited (AVGO) has an annual dividend of $4.08, while its annual dividend yield is 1.56%. The stock decreased 0.74% or $1.96 during the last trading session, reaching $261.65. (NASDAQ:AMZN). Lenox Wealth Incorporated holds 505 shares or 0.16% of its portfolio.

With today's market cap for Broadcom Limited, traders can easily name it as one of the major player in its Semiconductor - Broad Line industry. The firm's market cap is $102.16 billion. It focuses on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. It has a 205.41 P/E ratio.

Revenue by segment: Wired infrastructure, $2.146B (up 3%); Wireless communications, $1.796B (up 33%); Enterprise storage, $645M (up 15%); Industrial and other, $257M (up 66%).

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