Broadcom Inc (NASDAQ:AVGO) gets downgraded to Market Perform by Cowen with a price target of $280.00

Analyst Ratings For Broadcom Inc (NASDAQ:AVGO)

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Today, Broadcom Inc (NASDAQ:AVGO) stock was downgraded by Cowen from Outperform to Market Perform with a price target of $280.00.

There are 29 Buy Ratings, 8 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Broadcom Inc (NASDAQ:AVGO) is Buy with a consensus target price of $289.9688 per share, a potential 3.21% upside.

Some recent analyst ratings include

  • 2/22/2019-Broadcom Inc (NASDAQ:AVGO) gets downgraded to Market Perform by Cowen with a price target of $280.00
  • 2/14/2019-Broadcom Inc (NASDAQ:AVGO) had its Overweight rating reiterated by Piper Jaffray Companies with a $310.00 price target
  • 12/7/2018-Broadcom Inc (NASDAQ:AVGO) gets upgraded to Buy by Miller Tabak
  • 12/7/2018-Broadcom Inc (NASDAQ:AVGO) gets upgraded to Buy by Cascend Securities
  • On 1/15/2019 Hock E Tan, Insider, sold 20,000 with an average share price of $254.99 per share and the total transaction amounting to $5,099,800.00.
  • On 1/7/2019 Donald Macleod, Director, sold 5,223 with an average share price of $233.65 per share and the total transaction amounting to $1,220,353.95.
  • On 12/17/2018 Hock E Tan, Insider, sold 20,000 with an average share price of $256.47 per share and the total transaction amounting to $5,129,400.00.
  • On 12/14/2018 Lewis C Eggebrecht, Director, sold 2,000 with an average share price of $260.81 per share and the total transaction amounting to $521,620.00.
  • On 12/13/2018 Charlie B Kawwas, SVP, sold 10,000 with an average share price of $259.19 per share and the total transaction amounting to $2,591,900.00.
  • On 12/13/2018 Thomas H Krause, CFO, sold 22,500 with an average share price of $257.08 per share and the total transaction amounting to $5,784,300.00.
  • On 11/15/2018 Hock E Tan, Insider, sold 20,000 with an average share price of $228.94 per share and the total transaction amounting to $4,578,800.00.

About Broadcom Inc (NASDAQ:AVGO)
Broadcom Inc. designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. The Wired Infrastructure segment provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; Ethernet switching and routing application specific standard products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic laser and receiver components. The Wireless Communications segment offers RF front end modules, filters, and power amplifiers; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; and custom touch controllers. The Enterprise Storage segment provides serial attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express switches; fiber channel host bus adapters and switches; read channel based SoCs; custom flash controllers; and preamplifiers. The Industrial & Other segment offers optocouplers, industrial fiber optics, motion control encoders and subsystems, and light emitting diodes. The company's products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. is headquartered in San Jose, California.

Recent Trading Activity for Broadcom Inc (NASDAQ:AVGO)
Shares of Broadcom Inc closed the previous trading session at 280.94 −2.48 0.88% with 278.93 shares trading hands.

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