Deutsche Bank Maintains Buy on Broadcom, Raises Price Target to $870
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Ross Seymore maintains a Buy rating on Broadcom (NASDAQ:AVGO) and raises the price target from $675 to $870.
June 02, 2023 | 1:28 pm
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POSITIVE IMPACT
Deutsche Bank maintains Buy rating on Broadcom and raises price target from $675 to $870.
Deutsche Bank's decision to maintain a Buy rating on Broadcom and raise the price target from $675 to $870 indicates a positive outlook for the company's stock. This news is likely to have a positive impact on Broadcom's stock price in the short term as it reflects the analyst's confidence in the company's performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100