Pre-Open Stock Movers 05/23: VMware Surges on Possible Broadcom Takeover; Retails Stocks Sick Again on Downgrades (more...)

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Go back to Pre-Open Stock Movers 05/23: VMware Surges on Possible Broadcom Takeover; Retails Stocks Sick Again on Downgrades (more...)

VMware Deal Could Generate Broadcom's (AVGO) Return Targets - BMO Capital

May 23, 2022 1:03 PM EDT

BMO Capital analyst Ambrish Srivastava reiterated an Outperform rating and $675.00 price target on Broadcom Limited (NASDAQ: AVGO) following reports it is in talks to acquire VMware in a stock and cash deal.

The analyst commented, "We do not know whether... More