Broadcom (AVGO) Receives Price Target Upgrade from Barclays | AV

On June 9, 2025, Barclays analyst Tom O’Malley announced an updated price target for Broadcom (AVGO, Financial), enhancing it from a previous target of $215.00 to a new level of $265.00. This adjustment reflects a significant 23.26% increase in the projected valuation, demonstrating continued confidence in Broadcom’s market performance.

The updated price target comes alongside Barclays maintaining its “Overweight” rating on AVGO. This indicates Barclays’ positive outlook on Broadcom,…