Mizuho raised the firm’s price target on Broadcom (AVGO) to $355 from $320 and keeps an Outperform rating on the shares. The firm increased estimates post the earnings report and continues to view Broadcom as the “clear winner in AI ASIC and networking roadmap.”
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Read More on AVGO:
- Broadcom price target raised to $360 from $325 at Oppenheimer
- Broadcom price target raised to $400 from $330 at KeyBanc
- Broadcom price target raised to $375 from $315 at Piper Sandler
- Broadcom price target raised to $400 from $295 at Bernstein
- Broadcom price target raised to $400 from $325 at JPMorgan
