Piper Sandler raises Broadcom target price to $375 from $315

Piper Sandler raises Broadcom target price to $375 from $315

Piper Sandler, a prominent equities research firm, has recently revised its target price for Broadcom Inc. (AVGO), increasing it from $315 to $375. This upward adjustment reflects a positive outlook on the company's future performance and growth prospects.

The new target price represents a potential upside of approximately 18.9% from Broadcom's current trading levels. Piper Sandler's analysts have maintained an "overweight" rating on the stock, indicating a strong belief in its investment potential.

Broadcom's stock has been the subject of various research reports and analyst ratings. As of the latest data, the stock has an average rating of "Buy" from 30 analysts, with 29 of them giving a "Buy" or "Strong Buy" rating. The average price target set by these analysts is $304.17, with the highest target being $400.00 and the lowest being $210.00.

The consensus rating of "Buy" from a significant number of analysts underscores the positive sentiment surrounding Broadcom's stock. The increase in the target price by Piper Sandler further supports this sentiment, suggesting that the company's fundamentals and market position are robust.

In related news, Broadcom's stock has been performing well, with analysts predicting strong earnings growth and a favorable outlook for the technology sector. The company's extended trading hours have also been a topic of interest, as electronic markets outside of regular trading hours can provide additional liquidity and price discovery opportunities.

Overall, the upward revision of Broadcom's target price by Piper Sandler is a positive development for investors, signaling confidence in the company's future performance and potential for growth.

References:
[1] https://www.marketbeat.com/stocks/NASDAQ/AVGO/forecast/
[2] https://www.marketbeat.com/instant-alerts/piper-sandler-raises-us-foods-nyseusfd-price-target-to-8500-2025-09-02/