Wells Fargo Maintains Equal-Weight on Broadcom, Raises Price Target to $800
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on Broadcom (NASDAQ:AVGO) and raises the price target from $600 to $800.
June 05, 2023 | 10:49 am
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POSITIVE IMPACT
Wells Fargo maintains an Equal-Weight rating on Broadcom and raises the price target from $600 to $800.
The news of Wells Fargo maintaining an Equal-Weight rating on Broadcom and raising the price target from $600 to $800 indicates a positive outlook for the company. This could lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100