Cantor Fitzgerald Maintains Overweight on Broadcom, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has maintained an Overweight rating on Broadcom (NASDAQ:AVGO) and raised its price target from $200 to $225, indicating a positive outlook for the company's stock.
October 08, 2024 | 7:11 pm
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Cantor Fitzgerald has maintained an Overweight rating on Broadcom and increased the price target from $200 to $225, suggesting a positive short-term outlook for the stock.
The increase in price target from $200 to $225 by Cantor Fitzgerald, along with maintaining an Overweight rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in Broadcom's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100