Reported 1 day ago
Ahead of its fourth-quarter earnings report, Wall Street analysts are overwhelmingly optimistic about Broadcom, with all 12 analysts tracked by Visible Alpha recommending a 'buy' rating. The company is expected to post a significant revenue increase of 51% year-over-year, while previously incurring losses due to merger costs. The consensus price target for Broadcom's stock is approximately $193, indicating a potential upside from its current price.
Source: YAHOO