Broadcom earns upgrade, price target boost from TD Cowen

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Broadcom's (AVGO) shares are trading higher Thursday after TD Cowen expressed enthusiasm for the company's AI potential. The firm upgraded its rating on...

) shares are trading higher Thursday after TD Cowen expressed enthusiasm for the company's AI potential. The firm upgraded its rating on Broadcom from Market Perform to Outperform, while simultaneously increasing its price target on the company from $1,400 to $1,500 per share.Panel urged to move lawsuit to state court that seeks shutdown of part of aging pipeline in Michigan

MADISON, Wis. — Michigan attorneys pressed a federal appellate panel on Thursday to move their lawsuit seeking to shut down a portion of an aging oil pipeline running beneath the Straits of Mackinac from federal to state court, arguing that state environmental protection laws are in play. Assistant Attorney General Daniel Bock told a three-judge panel of the 6th U.S. Circuit Court of Appeals in Cincinnati that the challenge to Enbridge Inc.

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