Oppenheimer Maintains Outperform on Broadcom, Raises Price Target to $800
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Rick Schafer maintains an Outperform rating on Broadcom (NASDAQ:AVGO) and raises the price target from $720 to $800.
May 26, 2023 | 1:03 pm
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Oppenheimer analyst Rick Schafer maintains an Outperform rating on Broadcom and raises the price target from $720 to $800.
The news of Oppenheimer maintaining an Outperform rating on Broadcom and raising the price target from $720 to $800 indicates a positive outlook for the company. This is likely to have a positive impact on the stock price in the short term as investors may see this as a sign of confidence in the company's performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100