Evercore Keeps Bullish Stance on Broadcom (AVGO) Following OpenAI Deal

With significant hedge fund interest, Broadcom Inc. (NASDAQ:AVGO) secures a spot on our list of the 13 best Fortune 500 stocks to invest in now. Evercore Keeps Bullish Stance on Broadcom (AVGO) Following OpenAI Deal On October 15, 2025, Evercore ISI increased its price target on Broadcom Inc. (NASDAQ:AVGO) from $342 to $403, maintaining an “Outperform” rating. The price revision reflects Broadcom Inc. (NASDAQ:AVGO)’s agreement with OpenAI under which it will deploy 10GW of custom AI accelerators by the ...