Broadcom Ranks 15th in Trading Volume with $4.914 Billion as AI Optimism Drives Price Targets Higher
On July 17, 2025, BroadcomAVGO-- (AVGO) saw a trading volume of $4.914 billion, ranking 15th in the day's stock market activity. The stock price increased by 2.01%.
Oppenheimer has raised its price target for Broadcom, citing the growing adoption of AI technologies as a significant tailwind for the company. This move reflects the increasing optimism surrounding Broadcom's potential in the AI sector, which could drive further growth and innovation.
Additionally, Bank of AmericaBAC-- has also boosted its price target for Broadcom, increasing it from $240.00 to $300.00 and maintaining a "buy" rating. This adjustment underscores the positive outlook on Broadcom's future performance, driven by its strategic positioning in the AI market.
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