TD Cowen Just Raised Its Price Target on Broadcom (AVGO) Stock

Broadcom (NASDAQ:AVGO) stock is in the news Thursday after TD Cowen increased its price target for the semiconductor company’s shares.That increase has TD Cowen’s analysts increasing the firm’s price target for AVGO stock from $1,400 per share to $1,500 per share. That represents a potential 17.6% increase over its prior closing price. It’s also above the analysts’ consensus price prediction of $1,230.18 per share.To go along with that price target increase, the TD Cown analysts also upgraded AVGO stock fro ...