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Broadcom Ltd (NASDAQ:AVGO) target price raised to $260.93, reported today by Vetr Inc.

Yesterday Broadcom Ltd (NASDAQ:AVGO) traded 1.44% higher at $239.62. The company’s 50-day moving average is $245.90 and its 200-day moving average is $228.73. The last stock close price is up 6.75% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 1,697,612 shares of the stock were exchanged, down from an average trading volume of 2,787,460

Broadcom Ltd (NASDAQ:AVGO) had its target price raised to $260.93 by Vetr Inc. in a report released 7/10/2017. The new target price indicates a possible upside of 0.09% based on the company's last stock close price.

Previously on Tuesday July 04, 2017, Vetr Inc. reported about Broadcom Ltd (NASDAQ:AVGO) raised the target price from $0.00 to $260.93. At the time, this indicated a possible upside of 0.14%.

See Chart Below

Broadcom Ltd (NASDAQ:AVGO)

Broadcom Ltd has a 52 week low of $158.75 and a 52 week high of $258.49 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its stock price target, a total of 26 brokers have issued a report on the company. The average stock price target 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 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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