Wells Fargo Turns Bullish on Broadcom Inc. (AVGO), Citing Stronger 2026 Catalysts

Broadcom Inc. (NASDAQ:AVGO) is among the stocks with the best earnings growth for the next 5 years. On January 15, Wells Fargo upgraded its rating on Broadcom Inc. (NASDAQ:AVGO) to Overweight from Equal-weight, while lifting the price target to $430 from $410, which suggests a potential upside of around 24%. The leading bank noted the recent pullback in Broadcom Inc. (NASDAQ:AVGO), along with strengthening confidence in potentially significant incremental catalysts through 2026, for its bullish outlook. ...