Wall Street Analyst Updates Broadcom (AVGO) Stock Price

Here Are Friday’s Top Wall Street Analysts Research Calls: Advanced Micro Devices, Block, Broadcom, Exact Sciences, Hologic, Palo Alto Networks and More

Quick Read The stock market saw a massive reversal on Thursday after an impressive morning rally sparked by NVIDIA’s big earnings beat. Stronger-than-expected September job numbers fueled worries that the Federal Reserve will not lower rates in December. With earnings for the quarter all but over and the Thanksgiving holiday coming next week, we could continue to see elevated volatility. Are you ahead, or behind on retirement? SmartAsset’s f…

Wall Street analyst updates Broadcom (AVGO) stock price

Broadcom (NASDAQ: AVGO) received a fresh vote of confidence after Raymond James initiated coverage with an ‘Outperform’ rating and a new price target of $420. The new target implies a potential 23% rally for AVGO from the last closing price of $340. Notably, the stock has been weighed down in the short term by the broader market downturn, ending Friday’s session down almost 2%, but it remains up 46% year to date. AVGO YTD stock price chart. Sour…