Broadcom Inc. (NASDAQ:AVGO) is one of the Trending AI Stocks on Wall Street’s Radar. On October 21, Mizuho reiterated the stock as “Outperform” and raised its price target to $435 per share from $430. The firm now believes Anthropic is Broadcom’s fourth customer. “Reiterate AVGO at Outperform, raise PT to $435 (prior: $430), 42.7x our C26E P/E as we note AVGO now potentially with 5 Hyperscale ASIC customers (out of a possible ~7), as it continues to see its TAM/share expand with leadership in the AI ASIC ...

Broadcom Inc. (NASDAQ:AVGO) is one of the AI Stocks Shaping Wall Street’s Next Big Rally. On October 6,  Mizuho analyst Vijay Rakesh reiterated an Outperform rating on the stock with a $410.00 price target. The firm believes that the stock remains well positioned. “AVGO To Continue Leading AI Custom Silicon with an Expanding Pipeline Driving EPS Upside, and Limited GM Dilution Impact.” The firm shed light on some key investor concerns that it discussed with the management, one of which was Broadcom’s $1 ...