Melius Research Initiates Coverage On Broadcom with Buy Rating, Announces Price Target of $1850
Portfolio Pulse from Benzinga Newsdesk
Melius Research has initiated coverage on Broadcom (NASDAQ:AVGO) with a Buy rating and set a price target of $1850.
June 03, 2024 | 4:11 pm
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Melius Research has initiated coverage on Broadcom with a Buy rating and set a price target of $1850, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a high price target suggests strong confidence in Broadcom's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100