Broadcom (AVGO): Mizuho Ups Price Target with AI Growth in Focus

Mizuho has increased its price target for Broadcom (AVGO, Financial) from $250 to $300, while maintaining an Outperform rating on its shares. The firm identifies Broadcom as a leading choice for 2025, driven by promising developments in custom silicon for artificial intelligence. Mizuho anticipates significant progress for Broadcom by 2026, attributing its confidence to expected growth in AI-related technologies.

Wall Street Analysts Forecast

Based on the one-year price targets offered by 35…