tiprankstipranks

Broadcom price target lowered to $250 from $260 at Mizuho

Mizuho lowered the firm’s price target on Broadcom (AVGO) to $250 from $260 and keeps an Outperform rating on the shares. The company reported a strong quarter and outlook with custom XPU for artificial intelligence customers now at seven, the analyst tells investors in a research note.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue