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PREVIEW: Broadcom shares slip with earnings on deck



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** Broadcom AVGO.O shares down 0.5% at $153.29 ahead of its Q3 results due after the closing bell on Thursday

** The chipmaker is expected to post EPS of $1.20 per share on rev of $12.97 bln, per LSEG data, vs yr-ago results of $1.05 per share on $8.88 bln in rev

** AVGO has topped EPS estimates for at least eight straight qtrs; on rev side, Broadcom most recently missed expectations in Q4 2023

** The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 35 "strong buy" or "buy," four "hold" and no "sell" or "strong sell" ratings

** Median price target of $200 is unchanged from a month ago and up from $155.50 on June 5

** AVGO shares up 37.8% YTD vs 20.9% climb in S&P 500 tech index .SPLRCT and 14.2% rise in PHLX semiconductor index .SOX



Reporting by Chuck Mikolajczak

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