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
€287.65
-0.540%
The stock is one of the favorites of our community with 95 Buy predictions and 2 Sell predictions.
As a result the target price of 308 € shows a slightly positive potential of 7.07% compared to the current price of 287.65 € for Broadcom Ltd..
