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Evercore ISI Group maintains 'Outperform' rating on Broadcom(AVGO).
The target price is $342, compare with $304 previously.
[Recent Rating]
| Date | Agency | Change | Rating | Rating (previously) | Target Price | Target Price(previously) |
|---|---|---|---|---|---|---|
| 2025-09-05 | B of A Securities | Maintains | Buy | Buy | $400 | $300 |
| 2025-09-05 | Keybanc | Maintains | Overweight | Overweight | $400 | $330 |
| 2025-09-05 | Barclays | Maintains | Overweight | Overweight | $400 | $265 |
| 2025-09-05 | JP Morgan | Maintains | Overweight | Overweight | $400 | $325 |
| 2025-09-05 | Rosenblatt | Maintains | Buy | Buy | $400 | $340 |
| 2025-09-05 | Benchmark | Maintains | Buy | Buy | $385 | $315 |
[Company Profile] Broadcom Inc. is the successor to Broadcom Pte. Ltd. (formerly Broadcom Limited), a Singapore company (“Broadcom-Singapore”), as a result of redomiciliation to the United States on April 4, 2018 (the “Redomiciliation Transaction”). The company is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. The company develops semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor (“CMOS”) based devices and analog III-V based products. The company has a history of innovation in the semiconductor industry and offer thousands of products that are used in end products such as enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays.
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