Wall Street sets Broadcom (AVGO) stock price for next 12 months

The stock price of Broadcom (NASDAQ: AVGO), the semiconductor and infrastructure software giant, recorded significant gains in 2023, rising by 100%, and it remains at the center of attention as investors ponder if it can replicate this movement in 2024.As 2024 progresses, AVGO has faced short-term headwinds aligning with the general stock market, with the equity trading at $1,204.88 as of the last recorded price. Although the stock closed with a drop of about 2% on Friday, January 26, AVGO has recorded impr ...