Mizuho Maintains Buy on Broadcom, Raises Price Target to $1625
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh maintains a Buy rating on Broadcom (NASDAQ:AVGO) and raises the price target from $1550 to $1625, indicating a positive outlook on the company's stock.
March 08, 2024 | 11:02 am
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Mizuho analyst Vijay Rakesh maintains a Buy rating on Broadcom and raises the price target from $1550 to $1625, signaling confidence in the company's future performance.
The increase in price target by a reputable analyst suggests a strong bullish sentiment towards Broadcom's stock. This is likely to positively influence investor perception and could lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100