It’s common knowledge that semiconductor stocks have been on a tear this year. Less obvious, is that Broadcom Ltd (NASDAQ: AVGO) could be the second half’s best performer.
Morgan Stanley analyst Craig Hettenbach reiterated an Overweight rating on Broadcom shares with a price target raised from $280 to $290.
Latest Ratings for AVGO
|Jul 2017||Morgan Stanley||Maintains||Overweight|
|Jun 2017||Raymond James||Reinstates||Strong Buy|
|Mar 2017||Macquarie||Initiates Coverage On||Outperform|