Broadcom Shares Rise After HSBC Lifts Price Target

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Broadcom (AVGO) shares rose 10% in recent Monday trading after HSBC raised its price target on the stock to $535 from $400 and maintained its buy rating.

Intraday volume topped 17.3 million shares, compared with the daily average of 23.7 million.

Price: 374.13, Change: +33.93, Percent Change: +9.97

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