We Are Raising Our Stand-Alone FVE for Broadcom to $227 per Share From $203
After taking a fresh look at Broadcom on the heels of its unsolicited bid to acquire Qualcomm, we are raising our fair value estimate for the firm on a stand-alone basis to $227 per share from $203. Our fair value increase stems from the time value of money, as we will roll our valuation model after Broadcom's fiscal fourth-quarter earnings, to be announced on Dec. 6. We still anticipate that a merger with Qualcomm would be nicely accretive for Broadcom and could potentially lead to another lift...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.