SoftBank Corp., NEC and Broadcom Jointly Validate RAN Modernization with Virtualization by Unifying O-RAN Architecture and Telco Cloud

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Broadcom Limited (AVGO) PT Raised to $1,500 at Rosenblatt, 'We expect Broadcom to deliver a slight beat'

March 4, 2024 6:55 AM EST

Rosenblatt analyst Hans Mosesmann raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,500.00 (from $1,160.00) while maintaining a Buy rating.

The analyst comments "We expect Broadcom to deliver a slight beat to January quarter expectations on continued AI semiconductor trends (mid-teens % of sales),... More