Check Out What Whales Are Doing With AVGO
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Broadcom (NASDAQ:AVGO), with 56% of investors opening trades with bullish expectations and 43% with bearish. The investors are aiming for a price territory stretching from $470.0 to $1000.0 for Broadcom over the recent three months. The current price of AVGO is $880.55, down -0.03%. Next earnings are expected to be released in 30 days.
November 07, 2023 | 3:45 pm
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Broadcom (NASDAQ:AVGO) has seen significant bullish trading activity. Investors are aiming for a price territory of $470-$1000 over the next three months. The current price is $880.55, down -0.03%. Earnings are expected in 30 days.
The bullish stance taken by a significant investor and the majority of trades being bullish indicates a positive sentiment towards Broadcom. This, combined with the projected price targets, suggests a potential increase in Broadcom's stock price in the short term. However, the slight decrease in the current price and the upcoming earnings release may introduce some volatility.
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IMPORTANCE 80
RELEVANCE 100