Check Out What Whales Are Doing With AVGO
Portfolio Pulse from Benzinga Insights
Investors with significant capital have shown a bullish stance on Broadcom (NASDAQ:AVGO), as evidenced by 27 uncommon options trades spotted by Benzinga's options scanner. The sentiment is split with 44% bullish and 33% bearish. Analysts have set an average price target of $1809.0, with ratings predominantly being 'Buy'.
June 27, 2024 | 1:46 pm
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POSITIVE IMPACT
Broadcom has seen significant options trading activity, with a majority of trades being bullish. Analysts have set an average price target of $1809.0, with most maintaining a 'Buy' rating.
The significant options trading activity, with a majority being bullish, indicates strong investor confidence. Additionally, analysts' average price target of $1809.0 and predominantly 'Buy' ratings further support a positive short-term outlook for Broadcom.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100