New Buy Rating for Broadcom (AVGO), the Technology Giant

Evercore ISI analyst Mark Lipacis maintained a Buy rating on Broadcom (AVGOResearch Report) yesterday and set a price target of $267.00. The company’s shares closed yesterday at $178.36.

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Lipacis covers the Technology sector, focusing on stocks such as Marvell, Nvidia, and Texas Instruments. According to TipRanks, Lipacis has an average return of 21.1% and a 59.04% success rate on recommended stocks.

In addition to Evercore ISI, Broadcom also received a Buy from…


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