A statement released earlier today by Zacks Investment Research about Broadcom Ltd (NASDAQ:AVGO) bumps the target price to $191.00
- Updated: December 1, 2016
Boasting a price of $170.54, Broadcom Ltd (NASDAQ:AVGO) traded -2.83% lower on the day. With the last close up 3.16% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Broadcom Ltd has recorded a 50-day average of $171.73 and a two hundred day average of $165.26. Volume of trade was down over the average, with 1,027 shares of AVGO changing hands under the typical 2,705,860
Zacks Investment Research bumped up the target of Broadcom Ltd (NASDAQ:AVGO) to $191.00 stating a potential upside of 0.12%.
On 11/15/2016, Vetr Inc. released a statement on Broadcom Ltd (NASDAQ:AVGO) bumped up the target price from $0.00 to $184.60 that suggested an upside of 0.11%.
With a total market value of $0, Broadcom Ltd has with a one year low of $114.25 and a one year high of $179.42 .
A total of 26 analysts have released a research note on AVGO. Eight analysts rating the company a strong buy, twenty-one analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $193.31.
More About Broadcom Ltd (NASDAQ:AVGO)
Broadcom Limited is a semiconductor company. The Company offers a range of products in end-markets, including wired infrastructure, wireless communications, enterprise storage, and industrial and others. The Company's products are used in various applications, including data center networking, home connectivity, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage, factory automation, power generation and alternative energy systems, and displays. The Company's product categories include broadband access and modems, enterprise and network processors, Ethernet communication and switching, set-top box and media processors, wireless infrastructure and wireless connectivity. Its broadband access and modems category consists of products, such as Universal 1024 quadrature amplitude modulation (QAM) Modulator, Universal DOCSIS 2.0-Based Downstream Modulator and QAMLink DOCSIS/EuroDOCSIS 2.0 Single-Chip Cable Modem.
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