Morgan Stanley Maintains Overweight on Broadcom, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore maintains an Overweight rating on Broadcom (NASDAQ:AVGO) and raises the price target from $176 to $180.
September 06, 2024 | 1:54 pm
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Morgan Stanley's analyst Joseph Moore has reaffirmed an Overweight rating on Broadcom and increased the price target from $176 to $180, indicating a positive outlook.
The increase in price target from $176 to $180 by Morgan Stanley suggests a positive outlook for Broadcom, likely boosting investor confidence and potentially leading to a short-term price increase.
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