Broadcom (AVGO) Price Target Raised by Melius Research | AVGO St

Melius Research has increased its price target for Broadcom (AVGO, Financial), raising it to $283 from the previous target of $198. The firm maintains a Buy rating on the stock, reflecting its continued confidence in Broadcom’s potential for growth. This revision underscores Melius Research’s positive outlook on the company’s future performance.

Wall Street Analysts Forecast

Based on the one-year price targets offered by 35 analysts, the average target price for Broadcom Inc (AVGO, Financial)…