On Dec 13, major Wall Street analysts update their ratings for $Broadcom (AVGO.US)$, with price targets ranging from $201 to $260.
J.P. Morgan analyst Harlan Sur maintains with a buy rating, and adjusts the target price from $210 to $250.
BofA Securities analyst Vivek Arya maintains with a buy rating, and sets the target price at $250.
Citi analyst Christopher Danely maintains with a buy rating, and adjusts the target price from $205 to $220.
UBS analyst Timothy Arcuri maintains with a buy rating, and adjusts the target price from $170 to $220.
Deutsche Bank analyst Ross Seymore maintains with a buy rating, and adjusts the target price from $190 to $240.
Here are the latest investment ratings and price targets for $Broadcom (AVGO.US)$ from 13 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
