Keybanc Maintains Overweight on Broadcom, Raises Price Target to $820
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst John Vinh maintains an Overweight rating on Broadcom (NASDAQ:AVGO) and raises the price target from $720 to $820.
May 30, 2023 | 8:23 am
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POSITIVE IMPACT
Keybanc analyst John Vinh maintains an Overweight rating on Broadcom and raises the price target from $720 to $820.
The news of Keybanc maintaining an Overweight rating on Broadcom and raising the price target from $720 to $820 is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance and expects the stock price to rise in the short term. As a result, this news is likely to have a positive impact on Broadcom's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100