Baird Maintains Outperform on Broadcom, Raises Price Target to $900
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Tristan Gerra maintains an Outperform rating on Broadcom (NASDAQ:AVGO) and raises the price target from $700 to $900.

June 02, 2023 | 11:18 am
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Baird analyst Tristan Gerra maintains an Outperform rating on Broadcom and raises the price target from $700 to $900.
The news of Baird maintaining an Outperform rating and raising the price target for Broadcom from $700 to $900 indicates a positive outlook for the company's stock. This is likely to have a positive short-term impact on the stock price as investors may see this as a sign of confidence in the company's performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100