Broadcom, M&T Bank, Coherent: The latest analyst calls

Broadcom, M&T Bank, Coherent: The latest analyst calls

HSBC analysts initiated coverage of chipmaker Broadcom (AVGO) with a Hold rating and a price target of $160 per share.

M&T Bank (MTB) was downgraded to Neutral from Overweight by JPMorgan, citing no general catalysts for outperformance.