TTD Cowen BBroadcom · AVGO
TD Cowen Lowers Broadcom Price Target to $475
Rating
Buy
Price target
$475
Previous
$500
Implied upside
+29%
TD Cowen analyst Joshua Buchalter lowered the price target on Broadcom Limited (NASDAQ: AVGO) to $475 (from $500) while maintaining a Buy rating.
“A potentially disappointing in-line print & guide was promptly overshadowed by commentary on AI semis revenue doubling in F27 and F28, likely keeping investor reaction from turning negative.”
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