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Broadcom (NASDAQ:AVGO) Stock Price Up 6.6% – Still a Buy?
['Kim Johansen']
Markets Daily
Broadcom Inc. (NASDAQ:AVGO – Get Free Report) shares traded up 6.6% on Tuesday .
Morgan Stanley set a $502.00 target price on shares of Broadcom and gave the stock an “overweight” rating in a research report on Thursday, June 4th.
Based on data from MarketBeat.com, Broadcom has a consensus rating of “Moderate Buy” and an average target price of $493.24.
The stock was sold at an average price of $385.38, for a total transaction of $728,368.20.
The stock was sold at an average price of $401.33, for a total value of $10,033,250.00.