TD Cowen Broadcom · AVGO

TD Cowen Raises Broadcom Price Target to $405

Analyst: Joshua Buchalter 1 min read Reproduced verbatim
Rating
Buy
Target
$405
from $370 (+9%)
Outcome
Reached
on December 9, 2025
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What the analyst said

TD Cowen analyst Joshua Buchalter raised the price target on Broadcom Limited (NASDAQ: AVGO) to $405 (from $370) while maintaining a Buy rating.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

AVGO trades at $326. The 21 analysts who set a target in the last 3 months range from $400 to $630, with a median of $515. This $405 target is 21% below the median.

Since the note AVGO has moved −7% (from $352). 12-month window: day 352 of 365, closes on November 12, 2026.

Track record

This call✓ Target reached on December 9, 2025, 27 days after the note.

Firm track recordTD Cowen: 87% of its 31 targets at least a year old were reached within 12 months (#9 of 21 firms); on Broadcom, 5 of 5. Accuracy ranking →

TD Cowen on Broadcom

TD Cowen price targets on Broadcom

8 calls from April 9, 2025 to February 24, 2026. The target went from $200 to $405 (+103%). The rating stayed Buy.

TD Cowen targetAVGO share price
  1. February 24, 2026Target cut from $450 (−10%)Buy$405
  2. December 12, 2025Target raised from $405 (+11%)Buy$450
  3. November 12, 2025 This noteTarget raised from $370 (+9%)Buy$405
  4. September 30, 2025Rating only, no price targetBuyNo target
  5. September 5, 2025Target raised from $355 (+4%)Buy$370
  6. August 19, 2025Target raised from $290 (+22%)Buy$355
  7. June 6, 2025Target raised from $200 (+45%)Buy$290
  8. April 9, 2025Earliest call shownBuy$200
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Other analysts on Broadcom

StoneXBuy Kept rating and price target Oct 27 $545maintained UBSBuy Kept rating and price target Oct 27 $470maintained RosenblattBuy Kept rating and price target Oct 27 $600maintained DA DavidsonBuy Upgraded, raised price target +14% Oct 27 $400from $350 KeyBancBuy Kept rating and price target Oct 27 $575maintained
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.