BBMO Capital BBroadcom · AVGO
BMO Capital Raises Broadcom Price Target to $575
Rating
Buy
Price target
$575
Previous
$455
Implied upside
+57%
BMO Capital analyst Ambrish Srivastava raised the price target on Broadcom Limited (NASDAQ: AVGO) to $575 (from $455) while maintaining an Outperform rating.
“AVGO reported earnings with sales slightly ahead of consensus estimates in both F3Q (Jul) results and its F4Q (Oct) outlook.
Key commentary centered on FY27 and FY28 growth.
AVGO is projecting AI revenues to double in FY27 to $115B and double again in FY28 to $230B, totaling ~$350B.”
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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.
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