Avago Technologies Limited Price Target Increased to $68.00 by Analysts at Morgan Stanley (AVGO)
Stock analysts at Morgan Stanley raised their price target on shares of Avago Technologies Limited (NYSE:AVGO) from $51.00 to $68.00 in a report issued on Tuesday, Stock Ratings Network reports. Morgan Stanley’s price target suggests a potential upside of 23.03% from the company’s current price.
Avago Technologies Limited (NYSE:AVGO) traded up 5.00% on Tuesday, hitting $55.27. The stock had a trading volume of 3,485,514 shares. Avago Technologies Limited has a 1-year low of $30.57 and a 1-year high of $54.54. The stock has a 50-day moving average of $49.62 and a 200-day moving average of $42.7. The company has a market cap of $13.757 billion and a price-to-earnings ratio of 24.04.
Avago Technologies Limited (NYSE:AVGO) is a designer, developer and global supplier of a range of analog semiconductor devices with a focus on III-V based products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.