MMorgan Stanley BBroadcom · AVGO
Morgan Stanley Raises Broadcom Price Target to $505
Rating
Buy
Price target
$505
Previous
$502
Implied upside
+38%
Morgan Stanley analyst Joseph Moore raised the price target on Broadcom Limited (NASDAQ: AVGO) to $505 (from $502) while maintaining an Overweight rating.
“Thoughts on the stock: The wide range of expectations does create some nearer term uncertainty, as we have a combination of some expectations for CY27 AI which have been too high, but also market share expectations which in our view are too low.”
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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