Baird Maintains Outperform on Broadcom, Raises Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Tristan Gerra maintains an Outperform rating on Broadcom (NASDAQ:AVGO) and raises the price target from $900 to $1000.
September 05, 2023 | 4:42 pm
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POSITIVE IMPACT
Broadcom's price target has been raised from $900 to $1000 by Baird analyst Tristan Gerra, who maintains an Outperform rating on the stock.
The news of the price target increase and the maintained Outperform rating by Baird analyst Tristan Gerra is likely to have a positive impact on Broadcom's stock in the short term. Investors often react positively to such news, which could drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100