Oppenheimer Maintains Outperform on Broadcom, Raises Price Target to $990
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer maintains an Outperform rating on Broadcom (NASDAQ:AVGO) and raises the price target from $900 to $990.
September 01, 2023 | 12:53 pm
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POSITIVE IMPACT
Broadcom's price target has been raised from $900 to $990 by Oppenheimer, maintaining an Outperform rating.
The raised price target and maintained Outperform rating by Oppenheimer indicates a positive outlook for Broadcom. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100