KeyBanc analyst Weston Twigg maintained a Purchase score on Broadcom (NASDAQ:) on Friday, setting a price goal of $470, which is roughly 14.62% above the current share price of $410.04.
Twigg expects Broadcom to submit earnings per share (EPS) of $1.52 for the fourth quarter of 2020.
The present consensus amongst 12 TipRanks analysts is for a Sturdy Purchase score of shares in Broadcom, with a median price goal of $456.36.
The analysts price targets vary from a excessive of $490 to a low of $400.
In its newest earnings report, launched on 07/31/2020, the corporate reported a quarterly income of $5.82 billion and a internet revenue of $1.06 billion. The corporate’s market cap is $166.53 billion.
In response to TipRanks.com, KeyBanc analyst Weston Twigg is presently ranked with 5 stars on a 0-5 stars rating scale, with a median return of 30.4% and a 78.39% success price.
Broadcom, Inc. is a world know-how firm, which designs, develops and provides semiconductor and infrastructure software program options. It operates by way of the next segments: Semiconductor Options, Infrastructure Software program and IP licensing. The Semiconductor Options phase manages motion of information in information heart, telecom, enterprise and embedded networking functions. The Infrastructure Software program phase offers a portfolio of mainframe, enterprise and storage space networking options. The IP licensing phase licenses a portion of its broad IP portfolio. The corporate was based in 1961 and is headquartered in San Jose, CA.
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