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Stock impact report

Broadcom (AVGO) Witnessing Continued Momentum in AI Semiconductor Segment [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
Broadcom Incorporated (NASDAQ: AVGO ) is one of the 15 AI stocks that are quietly making investors rich As of the March 11 closing, Broadcom Incorporated (NASDAQ:AVGO) carried a strongly bullish consensus sentiment. The stock has received coverage from 29 analysts, 27 of whom assigned Buy ratings and 2 gave Hold calls. With no Sell rating, it has a projected median 1-year price target of $467.68, which leads to an upside potential of almost 37% at the current level. On March 5, JPMorgan increased the firm's price target on Broadcom Incorporated (NASDAQ:AVGO) from $475 to $500, resulting in an adjusted upside potential of more than 46% for investors. The firm maintained an Overweight rating on the shares after the company reported better-than-expected January quarter results. JPMorgan noted that Broadcom Incorporated (NASDAQ:AVGO) also issued a solid revenue outlook for the April quarter, reflecting continued business momentum. The firm also added that the company is seeing ongo Show less Read more
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