Cantor Fitzgerald Reiterates Overweight on Broadcom, Maintains $1300 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse has reiterated an Overweight rating on Broadcom (NASDAQ:AVGO) and maintained a price target of $1300.
February 20, 2024 | 5:53 pm
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Cantor Fitzgerald analyst C J Muse reaffirmed an Overweight rating on Broadcom, with a steady price target of $1300.
The reiteration of an Overweight rating and a high price target of $1300 by a reputable analyst firm like Cantor Fitzgerald could positively influence investor sentiment towards Broadcom. This endorsement reaffirms confidence in Broadcom's future performance and growth prospects, potentially leading to a short-term uptick in its stock price.
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IMPORTANCE 90
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