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Broadcom Ltd (NASDAQ:AVGO) target price raised to $185.00, issued a report today by Vetr Inc.

Yesterday Broadcom Ltd (NASDAQ:AVGO) traded -2.83% lower at $170.54. The company’s 50-day moving average is $171.73 and its 200-day moving average is $165.26. The last closing price is up 3.16% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,027 shares of the stock were exchanged, down from an average trading volume of 2,705,860

Broadcom Ltd (NASDAQ:AVGO) had its target price raised to $185.00 by Vetr Inc. in a report released Thursday December 01, 2016. The new target price indicates a possible upside of 0.08% based on the company's last closing price.

Previously on 11/15/2016, Vetr Inc. reported on Broadcom Ltd (NASDAQ:AVGO) raised the target price from $0.00 to $184.60. At the time, this indicated a possible upside of 0.11%.

See Chart Below

Broadcom Ltd (NASDAQ:AVGO)

Broadcom Ltd has a 52 week low of $114.25 and a 52 week high of $179.42 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 26 brokers have issued a report on the stock. The consensus target price is $193.31 with 8 brokers rating the stock a strong buy, 21 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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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