Piper Sandler Maintains Overweight on Broadcom, Raises Price Target to $925
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar maintains an Overweight rating on Broadcom (NASDAQ:AVGO) and raises the price target from $830 to $925.
August 29, 2023 | 2:21 pm
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Broadcom's price target has been raised from $830 to $925 by Piper Sandler, which maintains an Overweight rating on the stock.
The raised price target indicates that the analyst believes Broadcom's stock has potential for significant upward movement. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100