© Reuters. Analysts raise Broadcom price target following VMware deal completion, BofA says genAI the most attractive opportunity
Analysts at UBS and BofA raised their price targets for Broadcom (NASDAQ:) in research notes on Tuesday.
BofA’s analysts lifted their firm’s price target for the stock to $1,200 from $1,050 per share, reiterating a Buy rating on the stock.
The analysts said the price target increase follows the closure of the acquisition of virtualization software firm…