Citi Lowers PT on Broadcom Inc. (AVGO) Stock

Citi Lowers PT on Broadcom Inc. (AVGO) Stock

By Bob Karr
Publication Date: 2026-02-23 21:15:00

Broadcom Inc. (NASDAQ:AVGO) is among the 10 Unstoppable AI Stocks to Invest In Now.

Citi Lowers PT on Broadcom Inc. (AVGO) Stock

Broadcom Inc. (NASDAQ:AVGO) is one of the Unstoppable AI Stocks to Invest In Now. On February 17, Citi analyst Atif Malik reduced the firm’s price objective on the company’s stock to $458 from $480, while keeping a “Buy” rating, as reported by The Fly.

The rating comes ahead of Broadcom Inc. (NASDAQ:AVGO)’s earnings report on March 4. As per the firm, concerns related to gross margins, tensor processing unit competition, as well as software sales exposure risks, are factored into the current trading juncture of the company’s stock.

Overall, the firm expects that the company’s stock is expected to outperform in H2 2026, thanks to better demand visibility.

In a different release, on February 12, DA Davidson began coverage of Broadcom Inc. (NASDAQ:AVGO)’s stock with a “Neutral” rating and a price objective of $335….