B of A Securities Maintains Buy on Broadcom, Raises Price Target to $800
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya maintains a Buy rating on Broadcom (NASDAQ:AVGO) and raises the price target from $725 to $800.
May 23, 2023 | 3:18 pm
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POSITIVE IMPACT
B of A Securities analyst Vivek Arya maintains a Buy rating on Broadcom and raises the price target from $725 to $800.
The news of B of A Securities maintaining a Buy rating on Broadcom and raising the price target from $725 to $800 is positive for the stock. This indicates that the analyst believes the stock has potential for further growth and is likely to perform well in the short term. As a result, the stock price is likely to go up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100