Broadcom Has Lost 35% From Its High: Tigress Sees 83% Upside

Key TakeawaysBroadcom stock is down [34%] from its June high, and Tigress Financial started coverage today with a Buy rating and a $600 target, [83%] above the share price. Analysts’ earnings estimates for Broadcom have held steady through the sell-off, so investors are paying less for the same expected earnings.