Wall Street sets Broadcom stock price for next 12 months

Having risen approximately 100%, the software infrastructure and semiconductor giant Broadcom (NASDAQ: AVGO) was one of the biggest stock market winners in 2023. Additionally, despite suffering a brief downturn at the start of January, AVGO stock price has regained momentum since and has been mostly trading upward in 2024, as investors remained optimistic about Broadcom’s continued involvement with and integration of artificial intelligence (AI) capabilities into its already extensive portfolio.Broadcom loo ...