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Broadcom (NASDAQ:AVGO) price target raised to $265.00, reported earlier today by Morgan Stanley

Having a price of $239.60, Broadcom (NASDAQ:AVGO) traded 3.75% higher on the day. The last stock price is down 4.78% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same time. The company has recorded a 50-day moving average of $244.74 and a 200-day moving average of $241.35. 4,475,330 shares of AVGO traded hands, up from an average trading volume of 2,538,360

Morgan Stanley bumped up the target of Broadcom (NASDAQ:AVGO) to $265.00 stating a potential upside of 0.11%.

Recent Performance Chart

Broadcom (NASDAQ:AVGO)

Broadcom has 52 week low of $160.62 and a 52 week high of $259.36 with a PE ratio of 192.61 and has a market capitalization of $0.

A total of 26 analysts have released a report on Broadcom. 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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