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KeyBanc Reaffirms Buy on Broadcom (AVGO) Ahead of Earnings, Citing Strong AI Demand

Broadcom Inc. (NASDAQ:AVGO) is one of the Trending AI Stocks on Wall Street’s Radar. On October 6, KeyBanc reiterated an Overweight rating and $420.00 price target on the stock. The rating affirmation comes ahead of the company’s fiscal fourth-quarter 2025 earnings report. KeyBanc anticipates Broadcom to deliver higher results for the October quarter and provide stronger guidance for the January quarter. These positive results will be supported by strong artificial intelligence demand in networking and AI ...