Evercore ISI Group Maintains Outperform on Broadcom, Raises Price Target to $850
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst C Muse maintains an Outperform rating on Broadcom (NASDAQ:AVGO) and raises the price target from $725 to $850.
May 30, 2023 | 12:40 pm
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POSITIVE IMPACT
Evercore ISI Group maintains an Outperform rating on Broadcom and raises the price target from $725 to $850.
The news directly mentions Broadcom (NASDAQ:AVGO) and the raised price target by Evercore ISI Group. This indicates a positive outlook for the stock, which is likely to result in an upward movement in the short term. The analyst's Outperform rating further supports this positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100