Susquehanna Maintains Positive on Broadcom, Raises Price Target to $1650
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a Positive rating on Broadcom (NASDAQ:AVGO) and raises the price target from $1550 to $1650.
March 08, 2024 | 1:01 pm
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POSITIVE IMPACT
Susquehanna maintains a Positive rating on Broadcom and raises the price target from $1550 to $1650.
The increase in the price target by Susquehanna reflects a strong confidence in Broadcom's future performance. This positive adjustment is likely to influence investor sentiment positively, potentially leading to a short-term increase in the stock price. The high relevance and importance scores are due to the direct impact of analyst ratings and price targets on investor perceptions and stock performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100