Broadcom Inc. (NASDAQ:AVGO) shares are rising Wednesday. Multiple analysts have raised price targets this week as the company gears up to report second-quarter earnings on Thursday.
What To Know: Several analysts raised price targets on the stock Tuesday, ranging from $820 to $890. On Wednesday, Rosenblatt reiterated a Buy rating on Broadcom and maintained its price target of $775.
Broadcom is expected to report second-quarter earnings of $10.08 per share and revenue of $8.71 billion this week, according to Benzinga Pro.
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AVGO Price Action: Shares of AVGO were up 1.52% at $815.53 at the time of publication, according to Benzinga Pro.
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