Bernstein Maintains Outperform on Broadcom, Raises Price Target to $1950
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Stacy Rasgon maintains an Outperform rating on Broadcom (NASDAQ:AVGO) and raises the price target from $1600 to $1950.
June 13, 2024 | 2:23 pm
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Bernstein analyst Stacy Rasgon maintains an Outperform rating on Broadcom and raises the price target from $1600 to $1950, indicating strong confidence in the company's future performance.
The raised price target from $1600 to $1950 by a reputable analyst at Bernstein 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