This Analyst Predicts $700 For Broadcom, Plus RBC Capital Slashes PT On This Stock By 85%

Author: Lisa Levin | September 02, 2022 08:38am

Keybanc cut the price target for Broadcom Inc. (NASDAQ:AVGO) from $780 to $700. Broadcom shares rose 2.3% to $503.14 in pre-market trading.
UBS reduced the price target on Peloton Interactive, Inc. (NASDAQ:PTON) from $13 to $8. Peloton Interactive shares fell 0.5% to $10.23 in pre-market trading .
Roth Capital cut Tilly's, Inc. (NYSE:TLYS) price target from $10 to $9. Tilly's shares fell 2.3% to close at $7.33 on Thursday.
Piper Sandler lowered the price target on Patterson Companies, Inc. (NASDAQ:PDCO) from $42 to $40. Patterson shares fell 6.5% to close at $26.09 on Thursday.
RBC Capital cut price target for Azure Power Global Limited (NYSE:AZRE) from $34 to $5. Azure Power Global shares fell 2.2% to $3.60 in pre-market trading.
HC Wainwright & Co. reduced the price target on Forma Therapeutics Holdings, Inc. (NASDAQ:FMTX) from $53 to $20. Forma Therapeutics shares fell 0.9% to $20.05 in pre-market trading.
DA Davidson cut the price target for 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) from $9.25 to $7. 1-800-FLOWERS.COM rose 1.8% to $7.89 in pre-market trading.
Raymond James lowered the price target on Ciena Corporation (NYSE:CIEN) from $64 to $55. Ciena rose 0.8% to $45.82 in pre-market trading.
Keybanc raised the price target on Oxford Industries, Inc. (NYSE:OXM) from $110 to $120. Oxford Industries shares fell 3.4% to $99.00 in pre-market trading.
BMO Capital cut the price target on Smartsheet Inc. (NYSE:SMAR) from $43 to $38. Smartsheet shares fell 7.4% to close at $30.82 on Thursday.