Raymond James sets a price target of $420 for NASDAQ:AVGO, indicating a potential upside of approximately 14.75%.Broadcom introduces the Brocade X Directors and Brocade G820 56-port switch, the first 128G Fibre Channel platforms for AI workloads.Investor optimism around Nvidia's Q3 earnings report boosts sentiment for Broadcom, highlighting the interconnectedness of tech stocks in the AI sector.Broadcom Inc. (NASDAQ:AVGO) is a global technology company known for designing, developing, and supplying a broad ...

Key Points Broadcom announced the launch of two new products today. The company's share price is also getting a boost as investors bet that Nvidia will deliver a strong Q3 report after the market closes. 10 stocks we like better than Broadcom › Broadcom (NASDAQ: AVGO) stock is gaining ground in Wednesday's trading. The company's share price was up 2.8% as of 2:40 p.m. ET and had been up as much as 5.6% earlier in the session. Broadcom stock is moving higher today following the announcement of new p ...