Truist Securities Maintains Buy on Broadcom, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Broadcom (NASDAQ:AVGO) and slightly increased the price target from $204 to $205.
October 08, 2024 | 2:28 pm
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POSITIVE IMPACT
Truist Securities has reaffirmed its positive outlook on Broadcom by maintaining a Buy rating and slightly increasing the price target to $205.
The reaffirmation of a Buy rating and a slight increase in the price target by Truist Securities suggests continued confidence in Broadcom's performance, which is likely to positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100