Truist Lifts PT on Broadcom Inc. (AVGO) to $510 From $500

Group 1 - Broadcom Inc. (NASDAQ:AVGO) is one of the most widely held stocks by hedge funds in 2025, indicating strong institutional interest [1] - Truist raised the price target for Broadcom to $510 from $500 while maintaining a Buy rating [1] - Morgan Stanley analyst Joseph Moore reaffirmed a Buy rating with a price target of $462, highlighting Broadcom as a top semiconductor stock for 2026 [2] - UBS analyst Timothy Arcuri increased the price target to $475 from $472, citing a significant overreaction by the market and positive commentary on AI semiconductor revenue [2] - Arcuri expects AI semiconductor revenue to exceed $60 billion in fiscal year 2026, nearly tripling year-over-year, and raised the fiscal year 2027 revenue estimate to $135 billion with EPS projected at $14.15 [2] Group 2 - Broadcom Inc. is recognized as a leading multinational technology company specializing in semiconductor and infrastructure software products [3]