Goldman Sachs Maintains Buy on Broadcom, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Buy rating on Broadcom (NASDAQ:AVGO) and raised the price target from $185 to $190.
September 06, 2024 | 11:47 am
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Goldman Sachs has reaffirmed its Buy rating on Broadcom and increased the price target from $185 to $190, indicating confidence in the company's future performance.
The increase in price target by a reputable firm like Goldman Sachs suggests a positive outlook for Broadcom, likely boosting investor confidence and potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100