Jun 24, 02:46 PM

Bank of America Raises Broadcom Inc's Price Target to $2,150 on Growth Prospects, Sales Growth Expected to Double

Bank of America has raised Broadcom Inc's price target from $2,000 to $2,150, reiterating it as a top pick due to its transformation from a value to a growth stock driven by AI and VMWare contributions. The company's sales growth is expected to double because of AI.

#Bank of America #Broadcom Inc #VMWare

Written with ChatGPT (GPT-3).

Sources

Joseph Fahmy@jfahmy
2 years ago
$AVGO approaching its 21-day. First visit since its earnings and split announcement. @marketsurge @IBDinvestors #IBDPartner https://t.co/eqAHFpIuRN https://t.co/RcUBqRpHLM
Hedge@HedgehogPlus
2 years ago
$AVGO - next target, also top of 2 hr cloud Per plan added to July 1800s https://t.co/1rep0UhiB8
The Inner Circle Trading Group DP David Prince@epictrades1
2 years ago
$AVGO -4% This am Bank of America said Broadcom’s sales growth to double because of AI, raises price target by $150 to $2,150

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Bank of America Raises Broadcom Inc's Price Target to $2,150 on Growth Prospects, Sales Growth Expected to Double

Sources

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