Broadcom sees $10 billion in AI chip sales in 2024, but shares dip
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Rescue work underway after quakes rock Venezuela, 'high casualties' likely
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
Broadcom Limited (AVGO) PT Raised to $1,600 at CFRA
March 8, 2024 11:33 AM ESTCFRA analyst Angelo Zino raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,600.00 (from $1,500.00) while maintaining a Buy rating.
The analyst comments "We bump our 12-month target to $1,600 from $1,500 on a P/E of 28.1x our CY 25 EPS view, above historical given... More
Broadcom Limited (AVGO) PT Raised to $1,680 at BofA Securities
March 8, 2024 9:36 AM ESTBofA Securities analyst Vivek Arya raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,680.00 (from $1,500.00) while maintaining a Buy rating.
The analyst comments "As expected, AVGO maintained its FY24 sales outlook of $50bn, though with mix shifting more towards AI (now >$10bn vs... More
Broadcom Limited (AVGO) PT Raised to $1,550 at Goldman Sachs
March 8, 2024 5:27 AM ESTGoldman Sachs analyst Toshiya Hari raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,550.00 (from $1,325.00) while maintaining a Buy rating.
The analyst comments "Broadcom delivered a solid quarter as FY1Q (January) non-GAAP EPS (excl. SBC) of $10.99 exceeded Street consensus by 6%... More

