Broadcom Inc. (NASDAQ: AVGO) Sets New Price Target…

From Financial Modeling Prep: 2025-06-06 16:11:00

Broadcom Inc., a global technology company trading under NASDAQ: AVGO, saw a 46% increase in revenue, reaching $15 billion, driven by AI semiconductor growth and VMware momentum. Truist Financial set a new price target for AVGO at $295, indicating a potential 12.19% increase. Despite a recent stock price decline, Broadcom’s market capitalization remains strong at approximately $1.18 trillion, with a trading volume of 21.26 million shares.



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