B. Riley FBR sees big upside potential in Broadcom Inc.

Last Updated: Monday, December 3, 2018 10:18 AM | Michael Fowlkes

Morning News Leader

Broadcom Inc. (AVGO) is up 3.5% Monday morning. Analysts at B. Riley FBR boosted their price target on the stock to $300 from a previous $250 target. The firm also lifted its rating to "buy" from "neutral" on the semiconductor company. The new price target suggests 22% upside potential.

Broadcom Inc. (AVGO) makes semiconductors.

Tesaro, Inc. (TSRO) and AGCO Corporation (AGCO) top the list of other companies with positive news today, while GlaxoSmithKline plc (GSK) and Verizon Communications Inc. (VZ) top the list of companies with negative news.

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