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Barchart

Wajeeh Khan

FOUND: This analyst just upgraded broadcom stock heres why - You Need To See This

Broadcom Gil Luria AVGO Artificial Intelligence Anthropic Barchart

Broadcom (AVGO) shares are pushing higher on Oct. 27 after senior D.A. Davidson analyst Gil Luria issued a bullish research note on the custom artificial intelligence (AI) chips specialist. Luria upgraded AVGO this morning to “Buy” and raised his price target to $400, indicating potential upside of about 17% from current levels.

Despite today’s gains, however, Broadcom stock remains down about 30% versus its year-to-date high.

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