Truist Securities Maintains Buy on Broadcom, Raises Price Target to $890
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a Buy rating on Broadcom (NASDAQ:AVGO) and raises the price target from $700 to $890.
June 02, 2023 | 12:27 pm
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POSITIVE IMPACT
Truist Securities maintains a Buy rating on Broadcom and raises the price target from $700 to $890.
The news of Truist Securities maintaining a Buy rating on Broadcom and raising the price target from $700 to $890 indicates a positive outlook for the company's stock. This is likely to have a positive short-term impact on Broadcom's stock price as investors may see this as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100