An analyst’s recommendation upgrade put some lively zip in Broadcom‘s (AVGO 2.34%) stock price on Wednesday. On news of the move, investors eagerly snapped up shares of the hardware and software company, sending its stock price more than 2% higher. That was a steeper climb than the S&P 500‘s (^GSPC 0.67%) 0.7% increase on the day.
A simultaneous boost and cut
Well before market open on Hump Day, Daiwa Securities’ Louis Miscioscia moved Broadcom up one notch,…
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