Keybanc Maintains Overweight on Broadcom, Raises Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst John Vinh maintains an Overweight rating on Broadcom (NASDAQ:AVGO) and raises the price target from $940 to $1000.
September 01, 2023 | 8:15 am
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Broadcom's price target has been raised from $940 to $1000 by Keybanc, maintaining an Overweight rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100