CFRA Lifts Broadcom Limited (AVGO) Price Target on Earnings Growth Prospects
Broadcom Inc. (NASDAQ:AVGO) is one of the best cybersecurity stocks to buy right now. On September 5, CFRA raised the stock’s price target to 340 while reiterating a ‘Buy’ rating. CFRA Lifts Broadcom Limited (AVGO) Price Target on Earnings Growth Prospects The price target hikes come on the company achieving solid gross profit margins of 77.19% and robust revenue growth of 28.01%. The impressive financial metrics come from the company’s AI semiconductor business achieving accelerated growth am ...