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A statement released earlier today by Cowen about Broadcom (NASDAQ:AVGO) bumps the target price to $320.00

Boasting a price of $263.91, Broadcom (NASDAQ:AVGO) traded 3.75% higher on the day. With the last stock price close up 4.78% from the two hundred day average, compared with the S&P 500 Index which has maintained over the date range. Broadcom has recorded a 50-day average of $244.74 and a two hundred day average of $241.35. Volume of trade was up over the average, with 4,475,330 shares of AVGO changing hands over the typical 2,538,360

Cowen upped the price target of Broadcom (NASDAQ:AVGO) to $320.00 indicating a possible upside of 0.21%.

On Monday November 20, 2017, RBC Capital released a statement for Broadcom (NASDAQ:AVGO) bumped up the target price from $300.00 to $315.00 that suggested an upside of 0.19%.

Performance Chart

Broadcom (NASDAQ:AVGO)

With a total market value of $0, Broadcom has price-earnings ratio of 192.61 with a one year low of $160.62 and a one year high of $259.36 .

A total of 26 equity analysts have released a ratings update on AVGO. Eight equity analysts rating the company a strong buy, twenty-one equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $193.31.

Brief Synopsis About Broadcom (NASDAQ:AVGO)

Broadcom Limited is a designer, developer and global supplier of a range of semiconductor devices with a focus on digital and mixed signal complementary metal oxide semiconductor (CMOS)-based devices and analog III-V based products. The Company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. It offers a range of products that are used in end-products, such as enterprise and data center networking, home connectivity, set-top boxes (STBs), broadband access, telecommunication equipment, smartphones, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Its product portfolio ranges from discrete devices to complex sub-systems that include multiple device types, and also includes firmware for interfacing between analog and digital systems. Its products include mechanical hardware that interfaces with optoelectronic or capacitive sensors.

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