Mizuho Reaffirms ‘Outperform’ on Broadcom Inc. (AVGO), Citing AI Growth Outlook

Broadcom Inc. (NASDAQ:AVGO) is among the high growth mega cap stocks you can buy and hold for the next 3 years. Mizuho reaffirmed its ‘Outperform’ rating on Broadcom Inc. (NASDAQ:AVGO) while raising the price target to $410.00 from $355.00, implying a possible surge of nearly 14%. This optimism follows the company’s robust earnings report in which the management also raised the fiscal 2026 AI revenue outlook for the next few years, given the company’s AI portfolio and ScaleOut/Up opportunity. Amid today’s ...