• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Business & Finance

Why Broadcom Stock Jumped Today todayheadline

April 11, 2025
in Business & Finance
Reading Time: 2 mins read
A A
0
5
SHARES
11
VIEWS
Share on FacebookShare on Twitter


After sell-offs yesterday, Broadcom (AVGO 5.42%) stock rebounded in Friday’s trading. The company’s share price ended the day’s trading up 5.4%. Meanwhile, the S&P 500 (^GSPC 1.81%) and the Nasdaq Composite (^IXIC 2.06%) climbed 1.8% and 2.1%, respectively.

Broadcom stock posted significant gains amid a day of rebound trading for the broader market. The company’s share price also appears to have gotten a boost from new analyst coverage — even though that coverage arrived with a lowered one-year price target.

Broadcom stock rises on rebound day for the market

Stocks sold off yesterday after the White House announced that the effective tariff rate on China was actually 145% — significantly above the already high rate that President Trump had cited in a message posted to social media on Wednesday. But the market saw substantial recovery momentum in Friday’s trading, and Broadcom’s valuation rose amid the recovery rally.

However, despite today’s gains, the stock is still down roughly 22% in 2025. The company is now valued at roughly 27 times this year’s expected earnings.

Citi stays bullish on Broadcom despite lowering its price target

Before the market opened this morning, Citigroup analyst Christopher Danely published new coverage, lowering his one-year price target on Broadcom stock from $220 per share to $210 per share. The analyst now thinks that a recession in the U.S. is likely and expects that tariffs on China will have a significant impact on earnings and valuation multiples for semiconductor stocks.

On the other hand, Citi’s lead analyst on Broadcom still retained a buy rating on the stock. If shares were to hit Danely’s new price target, it would still mean a roughly 15% bump above their current valuation level.

Citigroup is an advertising partner of Motley Fool Money. Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.

Tags: BroadcomJumpedStocktodaytodayheadline
Previous Post

Trump ends protected status for thousands of Afghans, Cameroonians todayheadline

Next Post

Israeli forces storm village near Nablus in the West Bank

Related Posts

Person pondering in front of multiple screens with stock charts.

1 Monster Stock to Hold for the Next 5 Years todayheadline

May 17, 2025
2
ET logo

Taylor Swift private messages leak: Did Taylor Swift share intimate details about her relationship with Travis Kelce to Blake Lively, who now threatens to leak them? Here’s what a report says todayheadline

May 17, 2025
5
Next Post
Palestinian family of 10 erased in overnight Israeli strike on Khan Younis

Israeli forces storm village near Nablus in the West Bank

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
Person pondering in front of multiple screens with stock charts.

1 Monster Stock to Hold for the Next 5 Years todayheadline

May 17, 2025
ET logo

Taylor Swift private messages leak: Did Taylor Swift share intimate details about her relationship with Travis Kelce to Blake Lively, who now threatens to leak them? Here’s what a report says todayheadline

May 17, 2025
3 of 10 inmates recaptured after escape from New Orleans jail

3 of 10 inmates recaptured after escape from New Orleans jail

May 17, 2025
Walz calls Trump a 'tyrant' who is trampling Americans' rights and violating the rule of law

Walz calls Trump a ‘tyrant’ who is trampling Americans’ rights and violating the rule of law

May 17, 2025

Recent News

Person pondering in front of multiple screens with stock charts.

1 Monster Stock to Hold for the Next 5 Years todayheadline

May 17, 2025
2
ET logo

Taylor Swift private messages leak: Did Taylor Swift share intimate details about her relationship with Travis Kelce to Blake Lively, who now threatens to leak them? Here’s what a report says todayheadline

May 17, 2025
5
3 of 10 inmates recaptured after escape from New Orleans jail

3 of 10 inmates recaptured after escape from New Orleans jail

May 17, 2025
7
Walz calls Trump a 'tyrant' who is trampling Americans' rights and violating the rule of law

Walz calls Trump a ‘tyrant’ who is trampling Americans’ rights and violating the rule of law

May 17, 2025
6

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Person pondering in front of multiple screens with stock charts.

1 Monster Stock to Hold for the Next 5 Years todayheadline

May 17, 2025
ET logo

Taylor Swift private messages leak: Did Taylor Swift share intimate details about her relationship with Travis Kelce to Blake Lively, who now threatens to leak them? Here’s what a report says todayheadline

May 17, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co