Analysts revise Broadcom stock price target

After initiating a 10-for-1 stock split on July 12, Broadcom (NASDAQ: AVGO) is trading at a new price of $171.42 at the latest close, after adding 0.80% in the latest trading session, in contrast to losses of 2.52% experienced in previous five trading days.AVGO stock 5-day price chart. Source: FinboldThe stock split doesn’t affect the company’s fundamentals and is purely an aesthetic move that aims to attract new investors and make the stock more affordable.Analysts on Wall Street are particularly bullish o ...