Wall Street analyst updates Broadcom (AVGO) stock price
Broadcom (NASDAQ: AVGO) on Wednesday received a bullish endorsement from Morgan Stanley, which maintained its 'Overweight' rating on the stock. The bank's analyst, Joseph Moore, also raised the stock's price target to 270. As of press time, Broadcom was trading at $297.42, implying an upside potential of 13.6% based on the new target. AVGO one-week stock price chart. Source: Finbold The revised target reflects growing confidence in Broadcom's long-term prospects, particularly driven ...