Goldman Sachs Maintains Buy on Broadcom, Raises Price Target to $1850
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari maintains a Buy rating on Broadcom (NASDAQ:AVGO) and raises the price target from $1550 to $1850.
June 13, 2024 | 12:26 pm
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Goldman Sachs analyst Toshiya Hari maintains a Buy rating on Broadcom and raises the price target from $1550 to $1850, indicating strong confidence in the company's future performance.
The raised price target from $1550 to $1850 by a reputable analyst at Goldman Sachs suggests a strong positive outlook for Broadcom's future performance. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100