Mizuho Maintains Buy on Broadcom, Raises Price Target to $1550
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh maintains a Buy rating on Broadcom (NASDAQ:AVGO) and raises the price target from $1450 to $1550, indicating a positive outlook on the company's stock.
March 07, 2024 | 12:01 pm
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Mizuho analyst Vijay Rakesh maintains a Buy rating on Broadcom and raises the price target from $1450 to $1550.
The increase in price target by a reputable analyst suggests a strong confidence in Broadcom's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100