Broadcom (AVGO) AI Chip Revenue Could Exceed $100 Billion by 2027, Rosenblatt Maintains Buy

Broadcom Inc. (NASDAQ:AVGO) ranks among the best FAANG+ stocks to invest in right now. On March 5, Rosenblatt boosted its price target for Broadcom Inc. (NASDAQ:AVGO) to $500, up from an unknown previous level, while retaining a Buy rating on the company’s shares. The firm referenced Broadcom’s first-quarter fiscal 2026 results, which matched expectations, and second-quarter revenue projections, which beat average forecasts by 10%. Rosenblatt emphasized comments from CEO Hock Tan, who stated that the com ...