Broadcom shares drop as revenue forecast fails to impress

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Broadcom Limited (AVGO) PT Raised to $295 at Truist Securities, 'Buy the near-term weakness'

June 6, 2025 7:06 AM EDT

Truist Securities analyst William Stein raised the price target on Broadcom Limited (NASDAQ: AVGO) to $295.00 (from $267.00) while maintaining a Buy rating.

The analyst comments "Buy the near-term weakness. AVGO posted very modest upside to CQ1 (Apr) results, and CQ2 (July) guidance.... More