Cowen analyst Matthew Ramsay raised the firm’s price target on Broadcom to $555 from $540 and keeps an Outperform rating on the shares. The analyst said results showed amazingly consistent execution and results in contrast to most competition.
Published first on TheFly
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- Broadcom price target lowered to $700 from $725 at Mizuho
- Solid Earnings Report Boosts Broadcom Stock in After-Hours Trading
- Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results and Quarterly Dividend
- Broadcom raises quarterly dividend 12% to $4.60 per share
- Broadcom sees Q1 revenue $8.9B, consensus $8.79B
