BMO Capital Maintains Outperform on Broadcom, Raises Price Target to $890
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ambrish Srivastava maintains an Outperform rating on Broadcom (NASDAQ:AVGO) and raises the price target from $750 to $890.
May 30, 2023 | 2:12 pm
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BMO Capital analyst Ambrish Srivastava maintains an Outperform rating on Broadcom and raises the price target from $750 to $890.
The news of BMO Capital maintaining an Outperform rating on Broadcom and raising the price target from $750 to $890 is positive for the stock. This indicates that the analyst believes the stock will outperform the market and has a higher price target, which could attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100