CLSA Lowers Broadcom Price Target to $600

Analyst: Bhavtosh Vajpayee 1 min read Reproduced verbatim
Rating
Outperform
Target
$600
from $605 (−1%)
Upside
+106%
AVGO at $292 today
CLSA and Broadcom logos

What the analyst said

CLSA analyst Bhavtosh Vajpayee lowered the price target on Broadcom Limited (NASDAQ: AVGO) to $600.00 (from $605.00) while maintaining a Outperform (2) 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 $292. The 21 analysts who set a target in the last 3 months range from $400 to $630, with a median of $515. This $600 target is 17% above the median.

Since the note AVGO has moved −24% (from $382). 12-month window: day 133 of 365, closes on June 25, 2027.

Track record

This callOpen: AVGO has not reached $600 yet. This 12-month target is scored on June 25, 2027.

Firm track recordToo early to score CLSA: price targets are 12-month calls and fewer than 5 of its targets are a year old. 3 of its 9 open targets have already been reached. How we score

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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.