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Broadcom Inc. (NASDAQ:AVGO) Maintains Strong Position in AI Chip Market
Financial Modeling Prep· 2025-11-26 14:03
Goldman Sachs maintains a "Buy" rating for Broadcom Inc. (NASDAQ:AVGO) and increases the price target from $380 to $435, reflecting confidence in Broadcom's AI sector performance.Broadcom's third-quarter results show robust revenue and profit growth, supported by promising guidance and an expanding AI pipeline.Despite positive sentiment, Broadcom faces a hold rating due to its premium valuation, with the stock's current price representing a 1.87% increase and indicating significant volatility over the past ...