UBS analyst Timothy Arcuri raised the firm’s price target on Broadcom (AVGO) to $415 from $365 and keeps a Buy rating on the shares. Following the OpenAI announcement, estimates are being raised to reflect updated supply chain checks, with 2026 EPS expectations near $10 and potential upside to revenue, the analyst tells investors in a research note. Large-scale deployments are expected to ramp later, positioning EPS to reach about $13.50 in 2027 and potentially above $20 by 2028 as projects come fully online, the firm says.
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