Reported 7 months ago
A Wall Street analyst has raised Broadcom's stock target to $2,100 following the company's 10-for-1 stock split announcement. The company's involvement in the AI ecosystem has significantly boosted its stock price, nearly doubling over the past year. With analysts citing its strong financial results and AI demand driving growth, Broadcom's potential upside is noted at 40% over the next year. Despite a conservative AI guidance, Broadcom's increased outlook and history of gains make it an attractive investment choice.
Source: YAHOO