Wells Fargo Upgrades Broadcom (AVGO), Bernstein Keeps Outperform Rating

Broadcom Inc. (NASDAQ:AVGO) is one of the 12 Best 5G Stocks to Invest in According to Hedge Funds. On January 15, Wells Fargo increased its price target on Broadcom Inc. (NASDAQ:AVGO) from $410 to $430 and upgraded its rating from Equal-Weight to Overweight. Wells Fargo noted that the recent weakness in the share price has created a better entry point for investors. The firm also pointed to growing confidence in new growth drivers that could support Broadcom Inc. (NASDAQ:AVGO) through 2026. Wells Fargo ra ...