Why Broadcom Was Rallying Again Today
Shares of (NASDAQ: AVGO) rallied 5.3% on Monday, as of 1:18 p.m. ET.
Broadcom received a bullish note and price target upgrade from a Wall Street sell-side analyst today, building upon the blowout 2027 guidance management gave on the company's recent earnings call.
On Monday, UBS analyst Timothy Arcuri raised his target on Broadcom from $220 to $270 per share, while maintaining his bullish stance on the name.
Source Fool.com
Broadcom Ltd. Stock
€337.80
0.490%
The stock is an absolute favorite of our community with 82 Buy predictions and no Sell predictions.
As a result the target price of 396 € shows a slightly positive potential of 17.23% compared to the current price of 337.8 € for Broadcom Ltd..
