Piper Sandler Maintains Overweight on Broadcom, Raises Price Target to $975
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar maintains an Overweight rating on Broadcom (NASDAQ:AVGO) and raises the price target from $925 to $975.
September 01, 2023 | 6:02 pm
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Broadcom's price target has been raised from $925 to $975 by Piper Sandler, which maintains an Overweight rating on the stock.
The raised price target indicates that the analyst sees potential for the stock's price to increase in the future. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
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