Buy Chip Stock Broadcom on Strong Profitability, Analyst Says

Susquehanna is getting more bullish about the prospects for


Broadcom


stock, citing its robust profit margins and growth potential.

On Wednesday, analyst Christopher Rolland reiterated his Positive rating for


Broadcom


(ticker: AVGO) stock and increased his price target forecast to $685 from $650. early afternoon trading Wednesday, Broadcom stock was roughly unchanged at $594.41.

Source: https://www.barrons.com/articles/broadcom-chip-stock-price-earnings-6e1efe32?siteid=yhoof2&yptr=yahoo