Broadcom Unusual Options Activity For July 14
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Broadcom (NASDAQ:AVGO), with a majority of investors taking a bullish stance. The trades range from $600.0 to $940.0 for Broadcom over the last 3 months. Deutsche Bank, Mizuho, and Truist Securities have maintained their Buy ratings on Broadcom, with price targets of $905, $840, and $942 respectively.
July 14, 2023 | 2:03 pm
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Broadcom has seen unusual options activity, with a majority of investors taking a bullish stance. Analysts from Deutsche Bank, Mizuho, and Truist Securities have maintained their Buy ratings.
The unusual options activity, majority of which is bullish, combined with the maintained Buy ratings from multiple analysts, suggests a positive short-term impact on Broadcom's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100