Truist Securities Maintains Buy on Broadcom, Raises Price Target to $1015
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein has reaffirmed a Buy rating on Broadcom (NASDAQ:AVGO) and increased the price target from $995 to $1015.
December 08, 2023 | 5:27 pm
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Truist Securities analyst William Stein maintains a Buy rating on Broadcom and raises the price target from $995 to $1015, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a bullish outlook on Broadcom, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100