JP Morgan Maintains Overweight on Broadcom, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur maintains an Overweight rating on Broadcom (NASDAQ:AVGO) and raises the price target from $200 to $210.
September 06, 2024 | 4:40 pm
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JP Morgan has reaffirmed its Overweight rating on Broadcom and increased the price target from $200 to $210, indicating a positive outlook on the stock.
The increase in price target from $200 to $210 by JP Morgan suggests a positive sentiment towards Broadcom's future performance. The Overweight rating indicates that the analyst expects the stock to outperform the average total return of stocks in the analyst's coverage universe.
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