From Yahoo Finance: 2025-04-02 11:29:00

Japanese investment bank Daiwa Securities upgraded Broadcom (AVGO) stock to Buy from Outperform, citing four strong drivers and attractive valuation. Despite the upgrade, the bank cut the price target to $225. AVGO has seen recent price drops but is up 24% over the past year. Daiwa believes in the potential of AVGO, but highlights other AI stocks with greater promise.

Read more: Broadcom (AVGO) Upgraded by Japanese Firm