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Broadcom’s (AVGO) AI and Compute Demand Remain Robust, Bernstein Reaffirms Bullish Outlook
Yahoo Finance· 2025-10-13 12:01
Broadcom Inc. (NASDAQ:AVGO) is one of the AI Stocks on the Market’s Radar. On October 8, Bernstein SocGen Group analyst Stacy Rasgon reiterated an Outperform rating on the stock with a $400.00 price target. According to the firm, Broadcom’s Q3 earnings were good. Semis and software both performed better than expected. Even though non-AI semis remain slow to recover, AI semis revenues were quite robust at $5.2B. Moreover, insights from a virtual meeting with Broadcom’s CEO and CFO reveal that compute dema ...
KeyBanc Reaffirms Buy on Broadcom (AVGO) Ahead of Earnings, Citing Strong AI Demand
Yahoo Finance· 2025-10-10 05:12
Broadcom Inc. (NASDAQ:AVGO) is one of the Trending AI Stocks on Wall Street’s Radar. On October 6, KeyBanc reiterated an Overweight rating and $420.00 price target on the stock. The rating affirmation comes ahead of the company’s fiscal fourth-quarter 2025 earnings report. KeyBanc anticipates Broadcom to deliver higher results for the October quarter and provide stronger guidance for the January quarter. These positive results will be supported by strong artificial intelligence demand in networking and AI ...