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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100