Citigroup Maintains Buy on Broadcom, Raises Price Target to $1750
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Danely maintains a Buy rating on Broadcom (NASDAQ:AVGO) and raises the price target from $1560 to $1750.
June 14, 2024 | 6:15 pm
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Citigroup analyst Christopher Danely maintains a Buy rating on Broadcom and raises the price target from $1560 to $1750, indicating strong confidence in the company's future performance.
The raised price target and maintained Buy rating from a reputable analyst at Citigroup suggest 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