Truist Securities Maintains Buy on Broadcom, Raises Price Target to $995
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst William Stein maintains a 'Buy' rating on Broadcom (NASDAQ:AVGO) and raises the price target from $942 to $995.
September 08, 2023 | 12:30 pm
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POSITIVE IMPACT
Broadcom's price target has been raised from $942 to $995 by Truist Securities, which maintains a 'Buy' rating on the stock.
The raised price target and maintained 'Buy' rating by Truist Securities indicates a positive outlook for Broadcom. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100