What's Going On With Broadcom Stock Today?

Broadcom Inc. AVGO shares are rising Wednesday. Multiple analysts have raised price targets this week as the company gears up to report second-quarter earnings on Thursday.

What To Know: Several analysts raised price targets on the stock Tuesday, ranging from $820 to $890. On Wednesday, Rosenblatt reiterated a Buy rating on Broadcom and maintained its price target of $775. 

Broadcom is expected to report second-quarter earnings of $10.08 per share and revenue of $8.71 billion this week, according to Benzinga Pro.

Related Link: Why Is HP Inc (HPQ) Stock Down Today?

AVGO Price Action: Shares of AVGO were up 1.52% at $815.53 at the time of publication, according to Benzinga Pro.

Image by Willfried Wende from Pixabay