Wells Fargo Boosts Broadcom (AVGO) Price Target on New Growth Catalysts
Broadcom Inc. (NASDAQ:AVGO) ranks among the most promising QQQ stocks according to hedge funds. On January 15, Wells Fargo boosted Broadcom Inc. (NASDAQ:AVGO) price target to $430 from $410, and upgraded the stock from Equal-weight to Overweight. The bank noted the recent decline in Broadcom Inc. (NASDAQ:AVGO) shares, as well as increased confidence in potentially important new catalysts through 2026, as grounds for its more favorable outlook. According to the firm’s updated calendar, Broadcom’s AI semic ...