Deutsche Bank raised the firm’s price target on Broadcom (AVGO) to $430 from $400 and keeps a Buy rating on the shares. The company reported “impressive” growth in fiscal Q4, but it comes at a cost, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVGO:
- Morning Movers: Cannabis stocks higher after reports of reclassification
- Broadcom price target raised to $450 from $405 at TD Cowen
- Broadcom price target raised to $485 from $385 at Benchmark
- Nvidia Stock Has a Powerful Catalyst Coming. Analyst Says Blackwell Superclusters Will Be “a Full Generation Ahead of Competition”
- Broadcom price target raised to $462 from $443 at Morgan Stanley
