Broadcom Inc. Highlights Broadcom Software's Strategy and Solutions at Investor Day

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Broadcom Limited (AVGO) PT Raised to $600 at Mizuho Securities

November 10, 2021 1:51 PM EST

Mizuho Securities analyst Vijay Rakesh raised the price target on Broadcom Limited (NASDAQ: AVGO) to $600.00 (from $545.00) while maintaining a Buy rating following the Software Day in New York.

The analyst commented, "Key takeaways AVGO noted: 1) Growing volume of software deals have increased 15% over... More

Analysts Raise Price Targets on Broadcom (AVGO) Following 'Software Day'

November 10, 2021 10:12 AM EST

Broadcom (NASDAQ: AVGO) held its first Software Day yesterday, where it provided an in-depth overview of its infrastructure software and security software solutions.

The event centered around three key themes: 1) Business focused on strategic customers leveraging multiple solutions, 2) Strong recurring revenue base, 3) Successful history of integrating acquired companies and businesses with mission-critical products.

"Broadcom is continuing to build one of the world's leading enterprise software businesses committed to customer success. We continue to invest in our targeted model of... More