Key Analysts at Craig Hallum Kept the Same their ‘Buy’ rating for Broadcom (NASDAQ:AVGO) Shares Today. Their Price Target Given is $305

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Investors sentiment increased to 2 in 2018 Q2. Its up 1.33, from 0.67 in 2018Q1. It improved, as 2 investors sold Broadcom Inc. shares while 1 reduced holdings. 3 funds opened positions while 3 raised stakes. 316,139 shares or 59.36% more from 198,376 shares in 2018Q1 were reported.

Cibc World Mkts Corporation stated it has 272,622 shares. Wagner Bowman Management Corporation, a Maryland-based fund reported 1,266 shares. Gemmer Asset Llc accumulated 174 shares. Boltwood Capital Mgmt invested in 1,496 shares or 0.24% of the stock. Nebraska-based First Bankshares Of Omaha has invested 0.23% in Broadcom Inc. (NASDAQ:AVGO). Whittier Trust holds 65 shares or 0% of its portfolio. Balasa Dinverno And Foltz Llc reported 1,706 shares or 0.06% of all its holdings. Whittier Of Nevada has 0% invested in Broadcom Inc. (NASDAQ:AVGO) for 100 shares. Vantage Invest Limited Liability Com owns 0% invested in Broadcom Inc. (NASDAQ:AVGO) for 10 shares.

Broadcom (NASDAQ:AVGO) Rating Reaffirmed

They currently have a $305 target price on Broadcom (NASDAQ:AVGO). The target price by Craig Hallum would suggest a potential upside of 34.22 % from the company’s current stock price. This has been disclosed to clients in a report on Friday, 7 December.

Broadcom Inc. (NASDAQ:AVGO) Ratings Coverage

Among 25 analysts covering Broadcom (NASDAQ:AVGO), 18 have Buy rating, 0 Sell and 7 Hold. Therefore 72% are positive. Broadcom has $35000 highest and $220 lowest target. $295.08’s average target is 29.85% above currents $227.24 stock price. Broadcom had 32 analyst reports since June 8, 2018 according to SRatingsIntel. The rating was maintained by Canaccord Genuity on Friday, June 8 with “Buy”. As per Monday, December 3, the company rating was upgraded by FBR Capital. Evercore downgraded the stock to “In-Line” rating in Thursday, July 12 report. The firm has “Buy” rating given on Friday, June 8 by Jefferies. On Friday, September 7 the stock rating was upgraded by Bank of America to “Buy”. The stock of Broadcom Inc. (NASDAQ:AVGO) earned “Outperform” rating by RBC Capital Markets on Thursday, July 12. On Thursday, July 12 the stock rating was downgraded by Macquarie Research to “Neutral”. The firm has “Buy” rating given on Friday, July 20 by UBS. Nomura upgraded the stock to “Buy” rating in Monday, September 17 report. The rating was maintained by Nomura with “Neutral” on Thursday, July 12.

The stock decreased 2.07% or $4.8 during the last trading session, reaching $227.24. About 23,790 shares traded. Broadcom Inc. (NASDAQ:AVGO) has declined 6.98% since December 7, 2017 and is downtrending. It has underperformed by 22.60% the S&P500.

Broadcom Limited designs, develops, and supplies a range of semiconductor devices worldwide. The company has market cap of $93.95 billion. It focuses on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. It has a 8.18 P/E ratio. The firm operates through four divisions: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

More notable recent Broadcom Inc. (NASDAQ:AVGO) news were published by: Nasdaq.com which released: “Broadcom Inc. (AVGO) Surpasses Q4 Earnings and Revenue Estimates – Nasdaq” on December 06, 2018, also Nasdaq.com with their article: “Why You Should Love This Apple Supplier’s Dividend – Nasdaq” published on December 01, 2018, Nasdaq.com published: “Weekly Market Preview: Five Stocks To Watch For the Coming Week (HPE, MRVL, LULU, DOCU, AVGO) – Nasdaq” on December 02, 2018. More interesting news about Broadcom Inc. (NASDAQ:AVGO) were released by: Nasdaq.com and their article: “Broadcom Enhances Industry’s First NVMe RAID Solution with New Software, Drive Topology and Management Capabilities – Nasdaq” published on November 15, 2018 as well as Nasdaq.com‘s news article titled: “Earnings Reaction History: Avago Technologies Limited, 63.6% Follow-Through Indicator, 4.2% Sensitive – Nasdaq” with publication date: December 06, 2018.

Broadcom Inc. (NASDAQ:AVGO) Ratings Chart

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