Wells Fargo Keeps Their Hold Rating on Broadcom (AVGO)


Wells Fargo analyst Aaron Rakers maintained a Hold rating on Broadcom (AVGO) today. The company’s shares closed last Monday at $300.58.

According to TipRanks.com, Rakers is a 5-star analyst with an average return of 15.0% and a 65.8% success rate. Rakers covers the Consumer Goods sector, focusing on stocks such as Applied Materials Inc, Dell Technologies Inc, and Cisco Systems Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Broadcom with a $313.96 average price target.

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The company has a one-year high of $323.20 and a one-year low of $208.23. Currently, Broadcom has an average volume of 2.51M.

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