Morgan Stanley Revisits the Key Debates for Broadcom Corporation

In a report published Wednesday, Morgan Stanley analyst Joseph Moore reiterated an Overweight rating and $34.00 price target on

. In the report, Morgan Stanley noted, “We like the stock on a longer term value thesis for patient investors. While progress is slow, we do see encouraging signs, for our most out-of-consensus Overweight. In this note we revisit three of the key debates around the story.” Broadcom Corporation closed on Tuesday at $29.76.