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Broadcom ($AVGO), a leading AI stock, has surged for the fifth consecutive week and has cleared two buy points, according to Investor's Business Daily. Analysts have raised Broadcom's stock price targets amid this strong rally. Additionally, 247WallSt announced the inclusion of $15,000 worth of Broadcom stock in their $500,000 AI Portfolio. DanelfinAI rated Broadcom as a buy with an AI score of 9/10, predicting it will outperform the market in the next three months. In related news, Citi upgraded Cisco Systems ($CSCO) to 'Buy' and raised its price target to $62, citing the company's potential to benefit from expanding AI opportunities.
#Stock-Specific News: Intel ($INTC) -1.1%: Qualcomm has postponed its acquisition decision of Intel assets until after the US elections. Additionally, China has called for a risk examination of Intel products. Cisco Systems ($CSCO) +1.9%: Citi upgraded the stock to “Buy” with a…
Key Movers in the Market Cisco Systems The networking technology stock added nearly 2% after receiving an upgrade from Citi, which raised its rating from neutral to buy. Citi analysts highlighted Cisco’s potential to integrate artificial intelligence into its business model as a…
Buy Cisco Stock. ‘More AI’ Can Lift Its Revenue and Valuation. https://t.co/TVeA21nY2i
