Is Broadcom Stock Going to $2,100 on the Heels of Its 10-for-1 Stock Split Announcement? 1 Wall Street Analyst Thinks So.
Broadcom(AVGO) The Motley Fool·2024-06-14 07:05
Wall Street analysts are boosting their price targets ahead of Broadcom's high-profile stock split.There's no getting around the impact of artificial intelligence (AI) in tech circles since early last year, and Broadcom (AVGO 12.27%) is a key player in the space. The company's semiconductors and data center infrastructure play a critical part in the AI ecosystem, which has lit a fire under the stock. Its price has nearly doubled over the past year, resulting in a high-profile stock split.In the wake of Broa ...