Mizuho lowered the firm’s price target on Broadcom (AVGO) to $250 from $260 and keeps an Outperform rating on the shares. The company reported a strong quarter and outlook with custom XPU for artificial intelligence customers now at seven, the analyst tells investors in a research note.
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Read More on AVGO:
- Broadcom price target raised to $260 from $250 at BofA
- Broadcom’s Strong AI Position and Growth Potential: A Buy Recommendation by Joshua Buchalter
- Broadcom’s Strong AI Growth and Strategic Positioning Justify Buy Rating
- Broadcom’s AI Sector Success and Strategic Partnerships Drive Buy Rating
- Broadcom’s Strong AI Market Position and Growth Potential Justifies Buy Rating
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