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via seekingalpha.comMarkets

Broadcom in focus as Rothschild downgrades to Neutral but flags potential upside

FROM THE WIRE · SEEKINGALPHA.COM

[Broadcom headquarters in San Jose, California, United States] JHVEPhoto Broadcom (AVGO [https://seekingalpha.com/symbol/AVGO]) shares were in focus on Friday as investment firm Rothschild & Co. downgraded the semiconductor and software giant to Neutral, while adding there is…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA downgrade of a semiconductor mega-cap with shares down over 6% weighs on the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Rothschild & Co. downgraded Broadcom to Neutral.
  2. 02Shares fell more than 6.5% in late morning trading.
  3. 03The analyst says the quality and durability of earnings are under scrutiny.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Broadcom Inc.AVGOStock342.66 USD+0.70%today -5.96%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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