Shares of semiconductor giant Broadcom (AVGO 3.31%) were up Friday, gaining 2.7% as of noon ET, but were up as much as 3.6% earlier in the day. The rise comes as the S&P 500 (^GSPC 1.23%) and Nasdaq Composite (^IXIC 1.67%) were up 1% and 1.5%, respectively.
New year, new target
Broadcom received a price target boost Friday from an analyst at Barclays. In a research report on Friday, analyst Thomas O’Malley adjusted his price target for…
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