Wells Fargo Maintains Equal-Weight on Broadcom, Raises Price Target to $900
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Equal-Weight rating on Broadcom (NASDAQ:AVGO) and raised the price target from $800 to $900.
September 01, 2023 | 1:20 pm
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Broadcom's price target has been raised from $800 to $900 by Wells Fargo, maintaining an Equal-Weight rating.
The increase in Broadcom's price target by Wells Fargo indicates a positive outlook for the company's stock. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100