KeyBanc Raises Broadcom (AVGO) PT, Keeps Overweight Rating
Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Most Profitable Stocks of the Last 5 Years. On September 30, KeyBanc Capital Markets kept an Overweight rating for Broadcom Inc. (NASDAQ:AVGO) and increased its price target from 420. This update reflects a big upward revision by the firm for CowWos CoWoS (Chip on Wafer on Substrate) supply in 2026. KeyBanc now expects supply to reach 190,000 units in 2026, which would represent an increase of more than 160% compared to last year. This growth in supply ...