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Top Analyst Reports for Broadcom, UnitedHealth, Toyota Motor

Zacks Equity Research

May 25, 2022 - 9:35 AM EDT

Several top analysts have recently updated their reports on leading companies Broadcom, UnitedHealth, and Toyota Motor. Here are the key takeaways from their reports:

Broadcom (AVGO)

Analyst: Morgan Stanley

Rating: Buy

Price Target: $650

Morgan Stanley analyst Amitabh Passi upgraded Broadcom to Buy from Neutral, citing the company's strong fundamentals and growth potential. The analyst noted that Broadcom's recent acquisitions, including VMware, have expanded its addressable market and positioned it for long-term growth. Passi also highlighted the company's strong balance sheet, which provides the flexibility to make strategic acquisitions and return capital to shareholders.

UnitedHealth (UNH)

Analyst: Wells Fargo

Rating: Overweight

Price Target: $650

Wells Fargo analyst Steven Tanal upgraded UnitedHealth to Overweight from Equal Weight, citing the company's strong performance and growth potential. The analyst noted that UnitedHealth's diversified business mix, including its Optum segment, has positioned the company for long-term growth. Tanal also highlighted the company's strong balance sheet and cash flow generation, which provides the flexibility to make strategic acquisitions and return capital to shareholders.

Toyota Motor (TM)

Analyst: Deutsche Bank

Rating: Buy

Price Target: $170

Deutsche Bank analyst Emmanuel Rossneris upgraded Toyota Motor to Buy from Hold, citing the company's strong fundamentals and growth potential. The analyst noted that Toyota's recent product launches, including the new Tundra pickup truck, have driven strong demand and positioned the company for long-term growth. Rossneris also highlighted the company's strong balance sheet and cash flow generation, which provides the flexibility to make strategic investments and return capital to shareholders.