19.93% to Target, Cowen Reconfirms Outperform Rating for Avago Technologies Limited (NDAQ:AVGO) Stock; Endurant Capital Management LP Trimmed Abbott Labs (ABT) Stake By $2.83 Million

December 7, 2017 - By Hazel Jackson

Among 9 analysts covering Avago Technologies Limited (NDAQ:AVGO), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Avago Technologies Limited has $300 highest and $230 lowest target. $270’s average target is 1.19% above currents $266.83 stock price. Avago Technologies Limited had 12 analyst reports since February 21, 2017 according to SRatingsIntel. The stock has “Outperform” rating by Cowen & Co on Thursday, March 2. The firm has “Strong-Buy” rating given on Friday, June 16 by Raymond James. The rating was maintained by Canaccord Genuity on Thursday, August 24 with “Buy”. Macquarie Research initiated it with “Outperform” rating and $265 target in Friday, March 31 report. Craig Hallum maintained the stock with “Buy” rating in Thursday, March 2 report. The firm has “Overweight” rating by Barclays Capital given on Friday, March 10. The firm has “Top Pick” rating given on Tuesday, February 21 by RBC Capital Markets. The stock of Broadcom Limited (NASDAQ:AVGO) has “Overweight” rating given on Thursday, May 25 by Morgan Stanley. As per Thursday, March 2, the company rating was maintained by Drexel Hamilton. The stock of Broadcom Limited (NASDAQ:AVGO) earned “Outperform” rating by Cowen & Co on Friday, August 25.

Endurant Capital Management Lp decreased Abbott Labs (ABT) stake by 19.03% reported in 2017Q2 SEC filing. Endurant Capital Management Lp sold 58,957 shares as Abbott Labs (ABT)’s stock declined 3.42%. The Endurant Capital Management Lp holds 250,783 shares with $12.19M value, down from 309,740 last quarter. Abbott Labs now has $94.92B valuation. The stock decreased 0.23% or $0.12 during the last trading session, reaching $54.53. About 893,901 shares traded. Abbott Laboratories (NYSE:ABT) has risen 15.90% since December 7, 2016 and is uptrending. It has underperformed by 0.80% the S&P500.

Among 24 analysts covering Abbott Laboratories (NYSE:ABT), 14 have Buy rating, 0 Sell and 10 Hold. Therefore 58% are positive. Abbott Laboratories had 87 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Abbott Laboratories (NYSE:ABT) has “Buy” rating given on Monday, December 7 by Jefferies. The rating was downgraded by BMO Capital Markets to “Market Perform” on Tuesday, March 14. The stock has “Buy” rating by Gabelli on Friday, July 21. The stock of Abbott Laboratories (NYSE:ABT) has “Neutral” rating given on Friday, November 13 by Goldman Sachs. The rating was maintained by JP Morgan on Friday, October 6 with “Neutral”. The stock has “Buy” rating by Jefferies on Thursday, June 29. The firm has “Buy” rating given on Friday, July 21 by Argus Research. RBC Capital Markets maintained it with “Buy” rating and $5400 target in Monday, June 26 report. BMO Capital Markets maintained the stock with “Hold” rating in Thursday, July 20 report. Jefferies maintained it with “Buy” rating and $55 target in Friday, June 16 report.

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.75, from 1.63 in 2017Q1. It turned negative, as 69 investors sold ABT shares while 545 reduced holdings. 102 funds opened positions while 441 raised stakes. 1.22 billion shares or 0.83% more from 1.21 billion shares in 2017Q1 were reported. Citadel Advisors Lc stated it has 0.01% in Abbott Laboratories (NYSE:ABT). Aureus Asset Mngmt Limited Liability reported 14,798 shares. Piedmont Invest Ltd Com owns 376,514 shares. Marshwinds Advisory reported 1.53% in Abbott Laboratories (NYSE:ABT). Cibc World Mkts Inc reported 84,186 shares. Hollow Brook Wealth Management Limited Liability, a New York-based fund reported 48,023 shares. Altfest L J invested 0.25% in Abbott Laboratories (NYSE:ABT). Creative Planning has invested 0.06% in Abbott Laboratories (NYSE:ABT). Parkside Bancorp And invested 0.28% in Abbott Laboratories (NYSE:ABT). Windsor Finance Gp Ltd Liability Corp holds 4,285 shares or 0.1% of its portfolio. Pnc Financial Gru reported 7.27M shares or 0.38% of all its holdings. First Merchants Corp holds 66,082 shares. 51,683 are held by City Holdg Com. Heritage Investors Mngmt holds 0.19% or 57,242 shares in its portfolio. Gamco Investors Et Al holds 0.02% or 67,633 shares in its portfolio.

Since June 15, 2017, it had 0 buys, and 1 insider sale for $26,482 activity. 552 Abbott Laboratories (NYSE:ABT) shares with value of $26,482 were sold by Watkin Jared.

Analysts await Abbott Laboratories (NYSE:ABT) to report earnings on January, 24. They expect $0.73 EPS, up 12.31% or $0.08 from last year’s $0.65 per share. ABT’s profit will be $1.27 billion for 18.67 P/E if the $0.73 EPS becomes a reality. After $0.66 actual EPS reported by Abbott Laboratories for the previous quarter, Wall Street now forecasts 10.61% EPS growth.

Endurant Capital Management Lp increased Tivity Health Inc stake by 15,800 shares to 47,700 valued at $1.90M in 2017Q2. It also upped Allergan Plc stake by 6,111 shares and now owns 33,527 shares. Perkinelmer Inc (NYSE:PKI) was raised too.

Broadcom Limited designs, develops, and supplies a range of semiconductor devices worldwide. The company has market cap of $114.78 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 203.22 P/E ratio. The firm operates through four divisions: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

The stock increased 1.11% or $2.94 during the last trading session, reaching $266.83. About 3.87 million shares traded or 27.14% up from the average. Broadcom Limited (NDAQ:AVGO) has risen 64.00% since December 7, 2016 and is uptrending. It has outperformed by 47.30% the S&P500.

Investors sentiment is 1 in 2017 Q2. Its the same as in 2017Q1. It is without change, as 0 investors sold Broadcom Limited shares while 3 reduced holdings. only 0 funds opened positions while 3 raised stakes. 179,559 shares or 50.22% more from 119,529 shares in 2017Q1 were reported. Balasa Dinverno And Foltz Ltd Liability has 0.06% invested in Broadcom Limited (NASDAQ:AVGO) for 1,640 shares. Nebraska-based First Bank Of Omaha has invested 0.24% in Broadcom Limited (NASDAQ:AVGO). Cibc Ww Markets holds 0.25% or 102,545 shares. Mitchell Mcleod Pugh Williams holds 0.48% of its portfolio in Broadcom Limited (NASDAQ:AVGO) for 2,688 shares. Eqis Cap Mngmt stated it has 16,082 shares or 0.21% of all its holdings. Wagner Bowman Mngmt, a Maryland-based fund reported 1,248 shares. The Pennsylvania-based Vantage Ltd Liability has invested 0% in Broadcom Limited (NASDAQ:AVGO). 16,550 were accumulated by Scott And Selber. Gemmer Asset Management Limited Company holds 0.01% or 94 shares.

Analysts await Broadcom Limited (NASDAQ:AVGO) to report earnings on December, 14. They expect $3.92 earnings per share, up 30.67% or $0.92 from last year’s $3 per share. AVGO’s profit will be $1.69 billion for 17.02 P/E if the $3.92 EPS becomes a reality. After $3.73 actual earnings per share reported by Broadcom Limited for the previous quarter, Wall Street now forecasts 5.09% EPS growth.

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