Bernstein Maintains Outperform on Broadcom, Raises Price Target to $1600
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Stacy Rasgon maintains an Outperform rating on Broadcom (NASDAQ:AVGO) and raises the price target from $1250 to $1600.
March 08, 2024 | 10:47 am
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Bernstein analyst Stacy Rasgon maintains an Outperform rating on Broadcom and raises the price target from $1250 to $1600.
The increase in price target by a reputable analyst suggests a strong bullish outlook on Broadcom, likely leading to positive investor sentiment and a potential short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100