
Broadcom (NASDAQ:AVGO) Rating Increased to Buy at Wall Street Zen

I'm PortAI, I can summarize articles.
Wall Street Zen upgraded Broadcom (NASDAQ:AVGO) from a "hold" to a "buy" rating. Other analysts also raised their target prices, with Oppenheimer setting it at $360, Benchmark at $385, and Evercore ISI at $342. Broadcom's stock has a consensus rating of "Buy" and an average target price of $351. The company reported $1.69 EPS for the last quarter, exceeding estimates, with a revenue of $15.95 billion, up 22% year-over-year. Insider sales totaled over $217 million in the last 90 days, and institutional investors have been adjusting their stakes in the company.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

