Broadcom shares slide as margins, OpenAI concerns overshadow strong earnings

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Go back to Broadcom shares slide as margins, OpenAI concerns overshadow strong earnings

Broadcom Limited (AVGO) PT Raised to $490 at Evercore ISI, 'Buyers on Weakness'

December 12, 2025 4:45 AM EST

Evercore ISI analyst Mark Lipacis raised the price target on Broadcom Limited (NASDAQ: AVGO) to $490.00 (from $403.00) while maintaining a Outperform rating.

The analyst comments "Buyers of Weakness. We reiterate our O/P rating for AVGO after it printed OctQ Revs 3% above and... More