Broadcom (AVGO) Sees Fresh Analyst Optimism

Broadcom Incorporated (NASDAQ:AVGO) is one of the AI Stocks That Will Skyrocket. Investment bank Citi raised Broadcom Incorporated (NASDAQ:AVGO)’s share price target to $475 from $458 and kept a Buy rating on the stock on March 5th. Demand from data centers, which is tied to AI use, was at the center of Citi’s coverage, as it outlined that Broadcom Incorporated (NASDAQ:AVGO) could benefit from the demand while firms exposed to personal computing chips could suffer. The chip company has emerged as a key pl ...