Wells Fargo Maintains Equal-Weight on Broadcom, Raises Price Target to $1700
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on Broadcom (NASDAQ:AVGO) and raises the price target from $1430 to $1700.
June 13, 2024 | 3:44 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on Broadcom and raises the price target from $1430 to $1700.
The raised price target from $1430 to $1700 by a reputable analyst at Wells Fargo is a positive signal for investors, indicating confidence in Broadcom's future performance. This is likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100