Analysts Bullish on Broadcom With Elevated Price Target – Wall Street Pit

• Broadcom (AVGO) shares traded nearly flat at $234.96, with a $1.11 trillion market cap, up 1.35% year-to-date and 69% year-over-year, reflecting strong investor confidence in its semiconductor and software portfolio.
• Redburn Atlantic initiated coverage with a ‘Buy’ rating and a $301 price target, citing Broadcom’s leadership in application-specific integrated circuits and a robust pipeline of future customers.

Broadcom (AVGO) shares held steady at $234.96 in early trading on…