I maintain a “Sell” rating on Broadcom Inc. stock with a fair value of $120 per share following its fiscal Q3 earnings due to concerns over legacy business declines and VMware integration issues.

Broadcom says it has already hosted its first integration planning meeting with VMware in order to ‘hit the ground running’ once it acquires VMware. Leaders of Broadcom and VMware have already held an ...

We maintain our $155 fair value estimate for shares of Broadcom AVGO, and our long-term growth thesis is intact. Artificial intelligence continues to drive the firm’s organic growth in fiscal 2024, ...

Broadcom CEO Hock Tan said the company’s integration of VMware will take a year and cost around $1 billion in “transition spending,” but the effort will result in a combined entity that will generate ...

We’ve raised our fair value estimate for Broadcom AVGO stock to $970 per share from $840. The company reported a good fiscal fourth quarter, but our valuation is driven primarily by higher long-term ...

New disclosures Monday pointed to attacks exploiting vulnerabilities in the three vendors’ platforms. New disclosures Monday revealed attacks exploiting vulnerabilities in widely used platforms from ...

Object storage specialist Scality has become the first supplier to gain integration with VMware’s Cloud Director via OSIS (Object Storage Interoperability Service). VMware Cloud Director provides ...