1 Wall Street Analyst Thinks AI Stock Broadcom Is Going to $210. Is It a Buy?
For the most part, equity analysts are a cautious bunch. They tend to set price targets for stocks that are not too outrageously higher or dramatically lower than current market levels.
So it it catches investors' eyes when a pundit establishes or maintains an outlier target. Such is the case with (NASDAQ: AVGO) stock and one of its more eager analyst advocates.
Last week, KeyBanc's John Vinh reiterated his $210 price target on Broadcom stock, a level that was 53% above the stock's most recent closing price. Almost needless to say, the highly bullish Vinh rates the shares as overweight (read: buy).
Source Fool.com
Broadcom Ltd. Stock
With 68 Buy predictions and 1 Sell predictions Broadcom Ltd. is one of the favorites of our community.
With a target price of 1380 € there is potential for a 811.97% increase which would mean more than doubling the current price of 151.32 € for Broadcom Ltd..