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avgo why is it increase in stock growth yahoo answers

by Vella Bode PhD Published 3 years ago Updated 2 years ago

How did Broadcom (Avgo) stock react to Oppenheimer's price targets?

Mizuho raised Broadcom Inc. (NASDAQ: AVGO) price target from $545 to $600. Broadcom shares rose 0.7% to $552.70 in pre-market trading. Oppenheimer boosted NVIDIA Corporation (NASDAQ: NVDA) price target from $235 to $350.

How did Broadcom’s stock react to the $545 price target raise?

Mizuho raised Broadcom Inc. (NASDAQ: AVGO) price target from $545 to $600. Broadcom shares rose 0.7% to $552.70 in pre-market trading.

How did Broadcom (Avgo) and NVIDIA Corporation (NVDA) price targets compare in pre-market trading?

Mizuho raised Broadcom Inc. (NASDAQ: AVGO) price target from $545 to $600. Broadcom shares rose 0.7% to $552.70 in pre-market trading. Oppenheimer boosted NVIDIA Corporation (NASDAQ: NVDA) price target from $235 to $350. NVIDIA shares rose 2.9% to $303.09 in pre-market trading.

What does Avago do?

Avago focused primarily on radio frequency filters and amplifiers used in high-end smartphones, such as the Apple iPhone and Samsung Galaxy devices, in addition to an assortment of solutions for wired infrastructure, enterprise storage, and industrial end markets.

Is AVGO a good stock to buy?

Out of 19 analysts, 14 (73.68%) are recommending AVGO as a Strong Buy, 3 (15.79%) are recommending AVGO as a Buy, 2 (10.53%) are recommending AVGO as a Hold, 0 (0%) are recommending AVGO as a Sell, and 0 (0%) are recommending AVGO as a Strong Sell.

What is a good price to buy AVGO?

Broadcom Inc (NASDAQ:AVGO) The 21 analysts offering 12-month price forecasts for Broadcom Inc have a median target of 680.00, with a high estimate of 780.00 and a low estimate of 600.00. The median estimate represents a +40.37% increase from the last price of 484.42.

Is AVGO a buy Zacks?

Broadcom Inc. - Buy. Zacks' proprietary data indicates that Broadcom Inc. is currently rated as a Zacks Rank 1 and we are expecting an above average return from the AVGO shares relative to the market in the next few months.

Why is Broadcom AVGO?

Avago Technologies Limited took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired.

How often does Broadcom pay dividends?

Dividend Summary There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 7.2.

Is Broadcom a good company to work for?

Broadcom has been recognized on the Forbes List of World's Best Employers 2021, based on a survey of 150,000 employees worldwide.

Is HTA a good stock to buy?

Healthcare Trust Of America Inc (NYSE:HTA) The 6 analysts offering 12-month price forecasts for Healthcare Trust Of America Inc have a median target of 32.00, with a high estimate of 36.50 and a low estimate of 28.00. The median estimate represents a +11.00% increase from the last price of 28.83.

What is Zacks rating of Amat?

Zacks Rank 4- Sell. Zacks' proprietary data indicates that Applied Materials, Inc. is currently rated as a Zacks Rank 4 and we are expecting a below average return from the AMAT shares relative to the market in the next few months.

What is Broadcom famous for?

Broadcom is focused on technology leadership and category-leading semiconductor and infrastructure software solutions. The company is a global leader in numerous product segments serving the world's most successful companies.

Who uses Broadcom chips?

Major customers include Apple, Hewlett-Packard, Motorola, IBM, Dell, Asus, Lenovo, Linksys, Logitech, Nintendo, Nokia, Nortel(Avaya), TiVo, Tenda and Cisco Systems. In September 2011, Broadcom shut down its digital TV operations. Broadcom also shut down its Blu-ray chip business.

What does Broadcom make for Apple?

Under this deal, Broadcom agreed to supply Apple with additional wireless components. Broadcom had been providing Apple with radio frequency components and modules for the iPhone prior to this deal, so the 2020 agreement marked an expansion of the relationship between Broadcom and Skyworks.

Why did the FTC blame Broadcom?

Earlier, the FTC blamed Broadcom for illicitly controlling the market for semiconductor components that deliver television and broadband internet.

Did Broadcom settle antitrust?

(Bloomberg) -- Broadcom Inc. settled a U.S. antitrust complaint that it illegally monopolized markets for chips used in set-top boxes and broadband internet devices.The Federal Trade Commission said in a statement Friday that under the settlement, Broadcom must stop requiring customers to buy components from the chipmaker on an exclusive basis.“America has a monopoly problem,” said Holly Vedova, the acting head of the FTC’s Bureau of Competition, in a statement. “Today’s action is a step toward

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