Oppenheimer Maintains Outperform on Broadcom, Raises Price Target to $2000
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer maintains an Outperform rating on Broadcom (NASDAQ:AVGO) and raises the price target from $1500 to $2000.
June 13, 2024 | 11:51 am
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Oppenheimer analyst Rick Schafer has maintained an Outperform rating on Broadcom and raised the price target from $1500 to $2000, indicating strong confidence in the company's future performance.
The raised price target from $1500 to $2000 by a reputable analyst suggests a positive outlook for Broadcom's stock. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100