Reported 2 days ago
As Broadcom prepares to announce its fiscal second-quarter results, analysts anticipate rising revenue and profits driven by AI demand. Oppenheimer views Broadcom as the second most significant AI player, raising their price target to $265. Although 13 out of 14 analysts recommend buying the stock, the consensus price target suggests limited upside potential, reflecting cautious optimism in a competitive market.
Source: YAHOO