Why Broadcom Stock Was Climbing Again Today
Shares of Broadcom (NASDAQ: AVGO), the semiconductor company known for networking and infrastructure solutions, were moving higher again today. This followed gains from a better-than-expected earnings report, the closure of its acquisition of VMware, and an analyst upgrade yesterday.
Today, the stock was gaining on news of a new partnership with Caltech. As a result, the stock was up 3.5% as of 1:30 p.m. ET.
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Source Fool.com
Broadcom Ltd. Stock
€135.76
-2.160%
The stock is an absolute favorite of our community with 68 Buy predictions and no Sell predictions.
Based on the current price of 135.76 € the target price of 1384 € shows a potential of 919.45% for Broadcom Ltd. which would more than double the current price.