Citi raises price target for Broadcom to $285, maintains Buy rating

From Yahoo Finance: 2025-06-18 09:55:00

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 stocks that Jim Cramer and analysts are watching. Citi raised its price target on the company stock to $285 from $276 and maintained a Buy rating. On the same day, Barclays analyst Tom O’Malley also raised the price target to $265 from $215 and maintained an Overweight rating.

Cramer discussed Broadcom (NASDAQ:AVGO) and mentioned the company’s strong quarter, despite the market sending the stock lower. Broadcom develops semiconductor devices and software solutions for various applications, including AI infrastructure, telecommunications, and enterprise computing.

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Read more at Yahoo Finance: Citi Maintains Buy Broadcom (AVGO), Raises PT